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.
See:
https://www.nacion.com/economia/indicadores/bccr-estima-tasa-de-politica-monetaria-neutral/
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.
See:
https://www.diarioextra.com/Noticia/detalle/pa-s-alcanzar-meta-de-inflacion-en-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.
See:
https://www.crhoy.com/economia/balanza-comercial-tuvo-deficit-de-millones-en-el-primer-trimestre/
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.
See:
https://observador.cr/banco-central-cambio-de-2023-a-2025-el-regreso-a-la-meta-de-inflacion/
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