Costa Rican central bank hikes rates over inflation fears

Central Bank of Costa Rica

The Central Bank of Costa Rica has raised its policy rate in a bid to curb inflationary pressures, despite recent data showing low inflation.

The board of governors made the decision to hike rates by 25 basis points to 5.25%. This was despite September economic data putting inflation at 2.2%, towards the bottom of the central bank’s 2–4% target range and slowing GDP growth.

The move comes as Costa Rica’s government faces considerable opposition to proposed fiscal changes and its currency comes

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: