Costa Rica | Consumer price index (2010 = 100)

Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source
Costa Rica | Consumer price index (2010 = 100)
1960 0.24917886
1961 0.25523589
1962 0.26207075
1963 0.26975366
1964 0.27872036
1965 0.27686687
1966 0.27737321
1967 0.28072483
1968 0.2922174
1969 0.29990079
1970 0.31385306
1971 0.32352931
1972 0.3384153
1973 0.38990192
1974 0.50715957
1975 0.59524914
1976 0.61599854
1977 0.64181036
1978 0.68036472
1979 0.74287942
1980 0.87760188
1981 1.20280902
1982 2.28679655
1983 3.03283438
1984 3.39518005
1985 3.90640656
1986 4.36873219
1987 5.10453242
1988 6.16793584
1989 7.18625025
1990 8.55449452
1991 11.01042928
1992 13.40973051
1993 14.72101452
1994 16.71342563
1995 20.58868375
1996 24.19406132
1997 27.39930123
1998 30.5938679
1999 33.66710812
2000 37.35754489
2001 41.56236658
2002 45.37260506
2003 49.65921863
2004 55.77465955
2005 63.47061155
2006 70.7510695
2007 77.37142011
2008 87.7581182
2009 94.64072561
2010 100
2011 104.87799831
2012 109.59273958
2013 115.32590418
2014 120.53771357
2015 121.50440435
2016 121.48316677
2017 123.45837
2018 126.2005219
2019 128.84574334
2020 129.77976092
2021 132.02037936
2022 142.94476857

Costa Rica | Consumer price index (2010 = 100)

Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source