Consumer prices in El Salvador climbed 5.49 percent year-on-year in October of 2021, following a 4.97 percent rise in the previous month. It was the highest reading since September of 2011, as prices accelerated for food and non-alcoholic beverages (6.1 percent vs 3.9 percent), transportation (9 percent vs 8.4 percent), restaurant and hotels (5.1 percent vs 4.6 percent), and furniture and household maintenance (6.9 percent vs 6 percent). Meanwhile, inflation slowed for housing and utilities (8.2 percent vs 10 percent). On a monthly basis, consumer prices advanced 0.7 percent from 0.4 percent in September. source: Dirección General de Estadística y Censos - DIGESTYC
Inflation Rate in El Salvador averaged 3.02 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 December of 2021.
Inflation Rate in El Salvador is expected to be 6.30 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 2.50 percent in 2022 and 2.00 percent in 2023, according to our econometric models.