El Salvador consumer prices surged by 2.79 percent year-on-year in April of 2021, following a 1.77 percent increase in the previous month. It was the highest inflation rate since March of 2012, as prices advanced faster for housing & utilities (5.07 percent vs 2.54 percent in March) and transport (10.55 percent vs 2.34 percent). Meanwhile, food & non-alcoholic beverages prices fell (-0.04 percent vs 1.15 percent). On a monthly basis, consumer prices rose 0.64 percent, following a 0.79 percent increase in the prior month. source: Dirección General de Estadística y Censos - DIGESTYC
Inflation Rate in El Salvador averaged 3.01 percent from 1994 until 2021, 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 May of 2021.
Inflation Rate in El Salvador is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in El Salvador to stand at 1.60 in 12 months time. In the long-term, the El Salvador Inflation Rate is projected to trend around 2.00 percent in 2022 and 2.20 percent in 2023, according to our econometric models.