The Central Bank of Costa Rica presented its Monetary Policy Report January 2026, where he confirmed that the national economy grew by a solid 4.6% during 2025, driven mainly by domestic consumption and investment recovery.
For the coming years, the Central Bank projects moderate but stable growth: 3.8% in 2026 and 4.0% in 2027, with an average of 3.9% for the biennium, figures higher than those estimated in previous reports.
In terms of prices, inflation will continue at negative levels during the first half of 2026 and would return to the target range by the second quarter of 2027, without significant pressures from excess demand.
As part of its monetary policy, the Monetary Policy Rate remains at 3.25% per annum, after the last reduction applied last December, in order to preserve the country's economic stability.
In summary, the Central Bank foresees a controlled expansion of the economy, with low inflation and stable financial conditions for the coming years.
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