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Costa Rica: Inflation picks up pace in October

Christian Fernsby |
Consumer prices increased 0.08% over the previous month in October, down from September’s 0.27% rise in Costa Rica.

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Topics: COSTA RICA   

The figure was primarily driven by sharper growth in prices for transport, as well as for food and non-alcoholic beverages, which were partly offset by lower prices for education, and rent and household services.

Inflation rose to 0.5% in October from 0.3% in September.

Meanwhile, the trend pointed down slightly, with annual average inflation coming in at 0.9% in October (September: 1.0%).

FocusEconomics Consensus Forecast panelists expect inflation to end 2021 at 2.4%, which is unchanged from last month's forecast, and 2022 at 2.8%.

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