Inflation Costa Rica 1996

Average inflation: 17.6%

Current Inflation

Inflation is very high at 17.6%, far above the ECB target.

Peak and Trough

The highest inflation was in May at 19.4%. The lowest inflation was in December at 13.9%.

Highest month
May: 19.4%
Lowest month
December: 13.9%
Difference
5.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Transport with an average of 25.3%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of 11.1%.

Highest increase
Transport: 25.3%
Lowest increase
Housing, water, electricity, gas and other fuels: 11.1%

Historical Context

Current inflation is around the 5-year average of 17.2%.

5-year average
17.2%
10-year average
18.8%
All-time high (1982)
89.4%
All-time low (1977)
4.2%

Trend

Inflation shows an upward trend. Compared to 1995, inflation has risen by -5.6 percentage point.

Change vs. previous year
-5.6 percentage points
Largest monthly swing
November: -10.9 percentage points

ECB Target

Inflation is 15.6% 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 €117.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1996

Inflation by category

Food and non-alcoholic beverages
18.7%
+1.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
23.6%
+6.0vs avg.
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Clothing and footwear
11.7%
-5.9vs avg.
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Housing, water, electricity, gas and other fuels
11.1%
-6.5vs avg.
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Furnishings, household equipment and maintenance
18.0%
+0.4vs avg.
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Health
20.5%
+2.9vs avg.
More details →
Transport
25.3%
+7.7vs avg.
More details →
Communication
21.5%
+3.9vs avg.
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Recreation and culture
13.5%
-4.1vs avg.
More details →
Education
14.6%
-3.0vs avg.
More details →
Restaurants and hotels
18.8%
+1.2vs avg.
More details →
Miscellaneous goods and services
20.1%
+2.5vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1995
January 19.1% -4.7
February 18.6% -5.5
March 18.3% -5.3
April 18.5% -4.6
May 19.4% -3.1
June 19.3% -3.0
July 18.7% -4.5
August 18.5% -3.9
September 17.4% -4.6
October 15.5% -8.4
November 14.0% -10.9
December 13.9% -8.7
Average 17.6%

Data source

Data from OECD. Last updated: 11/01/2026.

See also