Flash News – News of the week in CR regarding the policy rate, inflation target, and trade balance
Flash News – News of the week in CR regarding the policy rate, inflation target, and trade balance

La Nación newspaper

The CBCR estimates that the neutral monetary policy rate ranges from 3.9% to 4.9%

The Central Bank of Costa Rica, [in Spanish: el Banco Central de Costa Rica], (BCCR), determined that, for the medium term, the neutral monitary policy rate (NMPR), [in Spanish:  la tasa de política monetaria], (TPM), should range between 3.9% and 4.9%, which, in the said calculation, influences conditions such as economic growth, the labor market, productivity, or fiscal matters. Consequently, they indicate that it is a variable that can change in time based on these determinants.




Diario Extra newspaper

The country will reach the inflation target in 2025

The Organization for Economic Co-operation and Development (OECD), in its report on world economic perspectives indicates that for Costa Rica, although inflation is starting to rise, it will not reach the 3% target as established by the Central Bank and the government until 2025.




CR Hoy newspaper

The trade balance had a $1.204 million deficit in the first quarter

For the first quarter of this year, the trade balance of goods for Costa Rica reflected a negative gap of $1.204,6 million, the equivalent of 1.3% of the Gross Domestic Product (GDP). The deficit is a factor in the increase in external purchases and sales. 




El Observador newspaper

From 2023 to 2025 the Central Bank changed the return of the inflation target to: “This is normal”, says jerarcas.

According to the most recent report, the banking authority estimates that it won’t be until the first quarter of 2025 when inflation is in the 2% to 4% range. The aforementioned deferrals were completed at the end of 2023.




The content of this bulletin is for informational purposes only, for which reason you may not use it under any circumstances for advisory services regarding the subject matter described therein. If you need advisory services for any of the issues discussed, our team of professionals will be happy to assist you. contacto@jadelrio.com