Costa Rica

Costa Rica’s inflation rate decreased by 0.52% YoY in April, marking a continued trend of disinflation for the eleventh consecutive month, although at a slower pace. Consumer prices fell by 0.33% MoM, a slight acceleration from the previous month’s decline of 0.28%. Meanwhile, Costa Rica’s unemployment rate significantly improved to 7.8% in Q1 2024, down from 10.6% during the same period last year.