LatinNews Daily - 09 May 2023

In brief: Costa Rica’s inflation returns to target range

* Costa Rica’s central bank has released new figures which show that Costa Rica’s monthly inflation rate in April was -0.34%, bringing the year-on-year rate to 2.44%. This is the first time since January 2022 that Costa Rica’s inflation has returned to within the target range of 3.0% +/- 1. The April figure follows -0.23% monthly inflation in March (and 4.42% year-on-year inflation), -0.85% in February (when year-on-year inflation was 5.58%), and 0.16% in January (when year-on-year inflation was 7.65%).

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