Inflation Costa Rica 1989
Average inflation: 16.7%
Current Inflation
Inflation is very high at 16.7%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 24.7%. The lowest inflation was in December at 10.0%.
- Highest month
- January: 24.7%
- Lowest month
- December: 10.0%
- Difference
- 14.7 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 16.3%.
- 5-year average
- 16.3%
- 10-year average
- 27.4%
- All-time high (1982)
- 89.4%
- All-time low (1977)
- 4.2%
Trend
Inflation has remained relatively stable. Compared to 1988, the difference is minimal (-4.1 percentage point).
- Change vs. previous year
- -4.1 percentage points
- Largest monthly swing
- December: -15.4 percentage points
ECB Target
Inflation is 14.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €116.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1989
Month overview
| Month | Inflation | Difference vs. 1988 |
|---|---|---|
| January | 24.7% | +9.5 |
| February | 20.2% | +0.7 |
| March | 18.1% | -1.7 |
| April | 16.2% | -3.2 |
| May | 17.2% | -1.6 |
| June | 16.9% | -2.9 |
| July | 16.9% | -3.8 |
| August | 16.9% | -4.2 |
| September | 15.9% | -5.8 |
| October | 13.9% | -10.6 |
| November | 13.5% | -9.7 |
| December | 10.0% | -15.4 |
| Average | 16.7% |
Data source
Data from OECD. Last updated: 24/11/2025.