Consumer prices in El Salvador declined 0.4 percent year-on-year in September 2020, following a 0.3 percent fall in the previous month. Cost of recreation & culture dropped (-0.3 percent vs 0.1 percent in August), while prices slowed for food & non-alcoholic beverages (1.4 percent vs 2.1 percent); alcoholic beverages & tobacco (1.7 percent vs 3 percent); health (1.1 percent vs 1.2 percent); and miscellaneous goods & services (1.8 percent vs 2.1 percent). On the other hand, cost fell less for transportation (-4.8 percent vs -5.1 percent); housing & utilities (-4.3 percent vs -4.6 percent); and communication (-0.9 percent vs -1 percent). Also, prices of clothing & footwear rebounded (0.7 percent vs -0.3 percent). On a monthly basis, consumer prices went down 0.2 percent, after a 0.6 percent decrease in the prior month.

Inflation Rate in El Salvador averaged 3.06 percent from 1994 until 2020, 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 October of 2020.

Inflation Rate in El Salvador is expected to be 0.20 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 0.50 in 12 months time. In the long-term, the El Salvador Inflation Rate is projected to trend around 0.90 percent in 2021 and 1.50 percent in 2022, according to our econometric models.

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El Salvador Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -0.30 12.20 -2.25 1994 - 2020 percent Monthly
2009=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-08 02:40 PM Jun -0.2% -0.9% -0.6%
2020-08-17 02:00 PM Jul -0.1% -0.2% -0.1%
2020-09-09 03:10 PM Aug -0.3% -0.1% 0.1%
2020-10-08 02:00 PM Sep -0.4% -0.3% 0.1%
2020-11-09 03:50 PM Oct -0.4% -0.3%
2020-12-07 03:00 PM Nov


News Stream
El Salvador Consumer Prices Continue to Fall in September
Consumer prices in El Salvador declined 0.4 percent year-on-year in September 2020, following a 0.3 percent fall in the previous month. Cost of recreation & culture dropped (-0.3 percent vs 0.1 percent in August), while prices slowed for food & non-alcoholic beverages (1.4 percent vs 2.1 percent); alcoholic beverages & tobacco (1.7 percent vs 3 percent); health (1.1 percent vs 1.2 percent); and miscellaneous goods & services (1.8 percent vs 2.1 percent). On the other hand, cost fell less for transportation (-4.8 percent vs -5.1 percent); housing & utilities (-4.3 percent vs -4.6 percent); and communication (-0.9 percent vs -1 percent). Also, prices of clothing & footwear rebounded (0.7 percent vs -0.3 percent). On a monthly basis, consumer prices went down 0.2 percent, after a 0.6 percent decrease in the prior month.
2020-10-08
El Salvador Consumer Prices Fall Faster in August
Consumer prices in El Salvador went down 0.3 percent year-on-year in August of 2020, following a 0.1 percent drop in the prior month. Prices continued to decrease for transportation (-5.1 percent vs -5.6 percent); housing & utilities (4.6 percent vs -4.2 percent); communication (-1 percent, the same pace as in July) and clothing & footwear (-0.3 percent vs -0.6 percent). In addition, inflation slowed for food & non-alcoholic beverages (2.1 percent vs 3.3 percent); alcoholic beverages & tobacco (3 percent vs 3.6 percent) and health (1.2 percent vs 1.3 percent). On a monthly basis, consumer prices fell 0.60 percent, after decreasing 0.12 percent in the prior month.
2020-09-09
El Salvador Deflation Eases in July
Consumer prices in El Salvador fell 0.1 percent year-on-year in July 2020, following a 0.2 percent drop in the previous month. Prices declined less for transportation (-5.6 percent vs -7 percent in June); communication (-1 percent vs -1.1 percent); recreation & culture (-0.4 percent vs -0.5 percent) and clothing & footwear (-0.6 percent vs -0.8 percent). In addition, cost advanced further for food and non-alcoholic beverages rose further (3.3 percent from 2.9 percent); restaurants & hotels (1.2 percent vs 0.9 percent); miscellaneous goods & services (2 percent vs 1.2 percent); health (1.3 percent vs 0.7 percent) and alcoholic beverages & tobacco (3.6 percent vs 3 percent). Meanwhile, cost of housing & utilities dropped at a faster pace (-4.2 percent vs -2.6 percent). On a monthly basis, consumer prices went down 0.1 percent, after rising 0.6 percent in the prior month.
2020-08-17
El Salvador Deflation Slows in June
Consumer prices in El Salvador dropped 0.2 percent year-on-year in June 2020, following a 0.9 percent fall in May and marking the eleventh consecutive month of no annual growth in the CPI. Prices continued to decline for transportation (-7 percent from -9.7 percent in May), housing & utilities (-2.6 percent vs -3.5 percent), communication (-1.1 percent from -1.4 percent), recreation & culture (-0.5 percent from -1.3 percent) and clothing & footwear (-0.8 percent from -0.9 percent). Also, cost slowed for health (0.7 percent from 0.8 percent) and alcoholic beverages & tobacco (3 percent from 3.6 percent). On the other hand, cost of food and non-alcoholic beverages rose further (2.9 percent from 2.3 percent). On a monthly basis, consumer prices went up 0.6 percent, following a 0.2 percent gain in the prior month.
2020-07-08

El Salvador Inflation Rate
In El Salvador, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (26.3 percent of total weight). Housing and Utilities accounts for 12.4 percent; Transport for 12 percent; Restaurants and Hotels for 8.2 percent; Furniture, Household Goods and Maintenance for 7.8 percent and Miscellaneous Goods and Services for 7.7 percent. Recreation and Culture; Health; Clothing and Footwear; Communication; Education and Alcoholic beverages and Tobacco account for the remaining 25.6 percent of total weight.