Inflation Costa Rica 2014

Average inflation: 4.5%

Current Inflation

Inflation is high at 4.5%, well above the ECB target.

Peak and Trough

The highest inflation was in November at 5.9%. The lowest inflation was in February at 2.7%.

Highest month
November: 5.9%
Lowest month
February: 2.7%
Difference
3.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Communication with an average of 24.4%. The lowest price increase was in Clothing and footwear with an average of -1.2%.

Highest increase
Communication: 24.4%
Lowest increase
Clothing and footwear: -1.2%

Historical Context

Current inflation is around the 5-year average of 5.0%. This approaches the lowest level since records began (4.5% in 2014).

5-year average
5%
10-year average
8.1%
All-time high (1995)
23.2%
All-time low (2014)
4.5%

Trend

Inflation has remained relatively stable. Compared to 2013, the difference is minimal (-0.7 percentage point).

Change vs. previous year
-0.7 percentage points
Largest monthly swing
February: -3.8 percentage points

ECB Target

Inflation is 2.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €104.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food and non-alcoholic beverages
4.3%
-0.2vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
8.0%
+3.5vs avg.
More details →
Clothing and footwear
-1.2%
-5.7vs avg.
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Housing, water, electricity, gas and other fuels
2.9%
-1.6vs avg.
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Furnishings, household equipment and maintenance
2.8%
-1.7vs avg.
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Health
5.3%
+0.8vs avg.
More details →
Transport
4.0%
-0.5vs avg.
More details →
Communication
24.4%
+19.9vs avg.
More details →
Recreation and culture
4.4%
-0.1vs avg.
More details →
Education
6.6%
+2.1vs avg.
More details →
Restaurants and hotels
4.3%
-0.2vs avg.
More details →
Miscellaneous goods and services
4.5%
-0.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2013
January 3.1% -2.6
February 2.7% -3.8
March 3.3% -2.9
April 3.7% -2.6
May 4.2% -1.1
June 4.6% -0.5
July 5.2% -0.6
August 5.5% +0.2
September 5.2% -0.2
October 5.7% +1.6
November 5.9% +2.5
December 5.1% +1.4
Average 4.5%

Data source

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

See also