Consumer prices in El Salvador rose 6.48 percent year-on-year in January of 2022, picking up from a 6.11 percent jump in December of 2021. It was the highest reading since August of 2011, as prices accelerated for food and non-alcoholic beverages (8.95 percent vs 7.96 percent in December), restaurants and hotels (6.88 percent vs 6.03 percent), and furniture and household maintenance (8 percent vs 6.75 percent). On the other hand, inflation eased for housing and utilities (6.68 percent vs 6.97 percent) and transportation (7.82 percent vs 9.45 percent). On a monthly basis, consumer prices advanced 0.62 percent, from 0.11 percent in the previous month. source: Dirección General de Estadística y Censos - DIGESTYC
Inflation Rate in El Salvador averaged 3.04 percent from 1994 until 2022, reaching an all time high of 12.20 percent in January of 1996 and a record low of -2.25 percent in September of 2015. This page provides - El Salvador Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. El Salvador Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2022.
Inflation Rate in El Salvador is expected to be 6.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Inflation Rate is projected to trend around 2.00 percent in 2023, according to our econometric models.