The annual inflation rate in El Salvador rose to 7.66 percent in August of 2022 from 7.42 percent in the previous month. source: Dirección General de Estadística y Censos - DIGESTYC

Inflation Rate in El Salvador averaged 3.12 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 September of 2022.

Inflation Rate in El Salvador is expected to be 6.74 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.

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El Salvador Inflation Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-08-17 02:00 PM Jul 7.42% 7.76% 7.20%
2022-09-09 03:00 PM Aug 7.66% 7.42% 7.06%
2022-10-07 03:00 PM Sep 7.66% 6.74%

Related Last Previous Unit Reference
Inflation Rate 7.66 7.42 percent Aug 2022
Inflation Rate MoM 0.45 0.42 percent Aug 2022
Food Inflation 14.50 14.19 percent Aug 2022
CPI Transportation 117.86 117.67 points Aug 2022
CPI Housing Utilities 142.36 141.82 points Aug 2022
Core Inflation Rate 5.11 5.13 percent Jul 2022
Core Consumer Prices 114.16 113.73 points Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
7.66 7.42 12.20 -2.25 1994 - 2022 percent Monthly

News Stream
El Salvador Inflation Rate Hits Near 14-Year High
The annual inflation rate in El Salvador accelerated for the second straight month to 7.76% in June of 2022, from 7.48% in the prior month. It was the highest reading since September of 2008, mainly underpinned by prices of food & non-alcoholic beverages (14.37% vs 13.28% in May) amid the ongoing food crisis linked to the war in Ukraine. Additional upward pressure came from prices of furnishings (9.62% vs 9.14%); recreation & culture (8.16% vs 8.11%); miscellaneous goods & services (7.47% vs 7.29%) and restaurants & hotels (7.28% vs 7.13%). On a monthly basis, consumer prices went up 0.8%, after increasing 0.9% in the previous month.
El Salvador Inflation Rate at Near 14-Year High
The annual inflation rate in El Salvador rose to 7.48% in May of 2022, from 6.55% in the previous month. It was the highest reading since September of 2008, as prices accelerated sharply for food & non-alcoholic beverages (13.28% vs 10.89% in April). Additionally, prices rose at a steep pace for furnishings, household equipment & household maintenance (9.14% vs 8.19%); miscellaneous goods & services (7.29% vs 6.56%); and recreation & culture (8.11% vs 7.57%). On a monthly basis, consumer prices went up 0.9%, the biggest increase since 2015.
El Salvador Inflation Rate Accelerates Further
The annual inflation rate in El Salvador rose for the third straight month to 6.69% in March of 2022, from 6.67% in the previous month. It was the highest reading since August of 2011, as prices accelerated mostly for food & non-alcoholic beverages (9.81% vs 9.45% in February); furnishings (8.68% vs 7.82%); recreation & culture (6.85% vs 6.50%); restaurants & hotels (7.23% vs 7.03%) and miscellaneous goods & services (5.53% vs 4.45%). On a monthly basis, consumer prices inched up 0.81%, the biggest increase in four months.