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Costa Rica: Consumer prices register biggest fall since October 2024 in July
Latest reading: Consumer prices fell 0.6% year-on-year in July, a steeper fall compared to June’s 0.2% year-on-year fall. July’s result represented the largest fall in consumer prices since October 2024. The figure was primarily due to decreasing prices for food and non-alcoholic beverages and softer price pressures for housing and utilities.
Meanwhile, annual average inflation was unchanged at June’s 0.3% in July.
Lastly, consumer prices fell 0.52% in July over the previous month, swinging from June’s 0.04% rise. July’s result marked the weakest reading since February 2023.
