Inflation Costa Rica 2022
Average inflation: 3.5%
Current Inflation
Inflation is high at 3.5%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 3.5%. The lowest inflation was in January at 3.5%.
- Highest month
- January: 3.5%
- Lowest month
- January: 3.5%
- Difference
- 0.0 percentage points
- Months with data
- 1 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 3.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 3.2%.
- Highest increase
- Food and non-alcoholic beverages: 3.2%
- Lowest increase
- Food and non-alcoholic beverages: 3.2%
Historical Context
Current inflation is 1.5% higher than the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 2.2%
- All-time high (2005)
- 13.8%
- All-time low (2016)
- 0%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +1.8 percentage point.
- Change vs. previous year
- +1.8 percentage points
- Largest monthly swing
- January: +2.5 percentage points
ECB Target
Inflation is 1.5% 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 €103.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 3.5% | +2.5 |
| Average | 3.5% |
Data source
Data from OECD. Last updated: 17/12/2025.Not all months available yet.