FX.co ★ Costa Rica Deflation Deepens in August

In August 2025, Costa Rica experienced an increase in its annual deflation rate, reaching 0.94% up from 0.61% in July. This marks the fourth consecutive month of falling prices and represents the largest decrease since March 2024. The primary factors contributing to this deflation include reductions in prices for transport (-4.11%), information and communication (-3.70%), clothing and footwear (-1.76%), food and non-alcoholic beverages (-1.72%), furniture and household articles (-1.29%), and alcoholic beverages and tobacco (-0.33%). Conversely, there were price increases observed in sectors such as rent and utilities (1.15%), education (3.54%), and healthcare (1.05%). On a monthly scale, consumer prices declined by 0.21%, following a 0.52% reduction in July.