The Board of Directors of the Central Bank of Costa Rica decided to maintain the Monetary Policy Rate at 3.25% per year, in a context marked by greater international uncertainty and rising inflationary pressures.
The decision mainly responds to the increase in international prices of raw materials, such as oil and basic grains, stemming from the worsening conflict in the Middle East. This scenario has shifted the balance of risks, leaning towards a higher level of global inflation.
Internally, the Costa Rican economy maintains solid growth. The Monthly Economic Activity Index registered a year-on-year increase of 4.8% in January 2026, without showing inflationary pressures from demand.
For its part, inflation remains below the target range, with an interannual variation of -2.7% in February. Nevertheless, the Central Bank projects that it could re-enter the target range towards the end of the year, driven by external factors.
Finally, the monetary authority reiterated its commitment to price stability and assured that it will continue to monitor economic conditions to make timely decisions.
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.