Inflation in negative territory despite monthly rebound in March

The Consumer Price Index registered a monthly increase of 0.34%in March 2026, driven by tour packages, eggs, and airline tickets, according to the INEC. However, year-on-year inflation remains in negative territory at -2.09%, accumulating 35 consecutive months below the Central Bank's target range.

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The Consumer Price Index , measured by the National Institute of Statistics and Censuses, registered an increase of 0.34%during March 2026. However, this monthly growth does not reverse the general trend, as year-on-year inflation remains in negative territory, with a variation of -2.09%.

In cumulative terms, the first quarter of the year shows a drop of -0.85%, confirming atypical price behavior at the start of 2026.

Among the main factors driving the monthly increase were recreation, sports, and culture, as well as non-alcoholic food and beverages. In particular, products such as foreign tour packages, eggs, and airline tickets had a significant upward impact.

In contrast, goods such as new cars, rice, and potatoes helped contain the general increase in prices.
Del total de bienes y servicios analizados, el 48% aumentó de precio, mientras que un 35% registró disminuciones y un 17% se mantuvo sin cambios.

This mixed behavior reflects an economy with differentiated sector pressures, in a context where more than half of the index's divisions still show price reductions.

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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