Inflation in Costa Rica falls in February driven by drop in transportation and food prices

In February 2026, Costa Rica's CPI registered a monthly variation of -0.22%, mainly explained by the drop in the prices of transportation and food and non-alcoholic beverages. The index accumulates a drop of 1.18% in the year and of 2.73% y-o-y, chaining four consecutive Februaries with negative variations.

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The National Institute of Statistics and Census reported that in February two thousand and twenty-six the The Consumer Price Index recorded a monthly variation of minus zero point twenty-two percent, bringing the general level of the index to one hundred and seven point seven hundred and fifty-one.

According to the report, the divisions that most influenced the month's result were transportation, as well as food and non-alcoholic beverages, both with negative effects on the monthly variation.

Among the products with the greatest downward impact were gasoline, eggs and new cars; while, in the opposite direction, housing rental, secondary education and primary education were among the main factors that put upward pressure.

The report also states that of the 289 goods and services included in the index, 39 percent decreased in price, 45 percent increased and 16 percent showed no variation.

In cumulative terms, the index recorded a drop of one point eighteen percent so far this year and a year-on-year variation of minus two point seventy-three percent, reflecting an atypical behavior compared to the historical trend.

In addition, INEC pointed out that February 26 marks four consecutive years with negative variations in that month.

With these results, the recent evolution of the CPI confirms a moderation in consumer prices during the beginning of the year.

This is a news service prepared by ICS. For more information about the story, write to info@ics.cr or call 2519-9992 ICS, tax specialists.

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