Costa Rican Inflation Rate YoY (Dec) Y/Y -0.99% vs. Exp. -0.5% (Prev. -0.38% )

Costa Rican Inflation Rate YoY (Dec) Y/Y -0.99% vs. Exp. -0.5% (Prev. -0.38% )

The Costa Rican inflation rate for December shows a decline of -0.99% year-over-year, worse than the expected drop of -0.5% and significantly lower than the previous rate of -0.38%. This unexpected deflation may signal softer domestic demand, potentially impacting central bank policy decisions and expectations around monetary easing going forward.