Inflation Costa Rica 2008
Average inflation: 13.4%
Current Inflation
Inflation is very high at 13.4%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 16.3%. The lowest inflation was in January at 10.6%.
- Highest month
- October: 16.3%
- Lowest month
- January: 10.6%
- Difference
- 5.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 23.8%. The lowest price increase was in Clothing and footwear with an average of -1.9%.
- Highest increase
- Food and non-alcoholic beverages: 23.8%
- Lowest increase
- Clothing and footwear: -1.9%
Historical Context
Current inflation is 1.3% higher than the 5-year average of 12.1%.
- 5-year average
- 12.1%
- 10-year average
- 11.1%
- All-time high (1991)
- 28.8%
- All-time low (2002)
- 9.2%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +4.0 percentage point.
- Change vs. previous year
- +4.0 percentage points
- Largest monthly swing
- August: +6.8 percentage points
ECB Target
Inflation is 11.4% 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 €113.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 10.6% | +1.4 |
| February | 11.4% | +2.8 |
| March | 11.0% | +1.8 |
| April | 10.9% | +1.1 |
| May | 11.9% | +2.7 |
| June | 12.8% | +4.0 |
| July | 14.2% | +5.4 |
| August | 15.4% | +6.8 |
| September | 15.8% | +6.4 |
| October | 16.3% | +6.5 |
| November | 16.3% | +6.2 |
| December | 13.9% | +3.1 |
| Average | 13.4% |
Data source
Data from OECD. Last updated: 11/01/2026.