SAN JOSÉ | October 17, 2026. Costa Rica’s central bank maintained its monetary policy rate at 3.00%, citing the outlook for inflation and the balance of economic risks in an October 12 economic commentary.
Key facts
The central bank said the policy decision was taken on September 24. Its October report placed September annual headline inflation at 0.3%, while July economic activity grew 2.5% year on year. The unemployment rate was about 6.7% and the employment rate 50.8%, according to the bank’s summary.
Why it matters
Low inflation can support purchasing power, but policymakers also assess exchange-rate pressures, external demand, credit and public finances. The bank reported a larger merchandise trade deficit through August compared with the prior year and a weaker cumulative fiscal balance. The rate decision was a hold, not a new cut.
What happens next
Officials, regulators and other relevant institutions may release further decisions or updated figures. This report reflects the information available as of October 17 and distinguishes confirmed developments from future outcomes.
Sources and related reading
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