The annual inflation rate in El Salvador was at a seven-month low of 7.3% in December, almost unchanged from the previous month. Prices slowed down mostly for transportation (5.1% vs 6.9% in November); recreation & culture (8% vs 9.5%) and alcoholic beverages & tobacco (4.3% vs 5.1%). Additionally, prices fell further for communication (-1% vs -0.6%). Meanwhile, other items such as food & non-alcoholic beverages (12.2% vs 12.1%) and restaurants & hotels (8.1% vs 7.8%) became more expensive. On a monthly basis, consumer prices increased by 0.2%, after rising by 0.6% in the previous month. source: Dirección General de Estadística y Censos - DIGESTYC

Inflation Rate in El Salvador averaged 3.17 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 January of 2023.

Inflation Rate in El Salvador is expected to be 5.37 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 2024, according to our econometric models.

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El Salvador Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-12-07 07:00 PM Nov 7.32% 7.47% 6.23%
2023-01-10 02:00 PM Dec 7.34% 7.32% 7.2%
2023-02-07 02:00 PM Jan 7.34% 6.81%


Related Last Previous Unit Reference
Inflation Rate 7.34 7.32 percent Dec 2022
Inflation Rate MoM 0.16 0.69 percent Dec 2022
CPI Transportation 119.30 122.51 points Dec 2022
Food Inflation 12.21 12.06 percent Dec 2022
CPI Housing Utilities 144.40 143.64 points Dec 2022
Core Inflation Rate 5.01 5.25 percent Nov 2022
Core Consumer Prices 115.74 115.41 points Nov 2022

El Salvador Inflation Rate
In El Salvador, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (26 percent of total weight). Housing and Utilities accounts for 12 percent; Transport for 12 percent; Restaurants and Hotels for 8 percent; Furniture, Household Goods and Maintenance for 8 percent and Miscellaneous Goods and Services for 8 percent. Recreation and Culture; Health; Clothing and Footwear; Communication; Education and Alcoholic beverages and Tobacco account for the remaining 26 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
7.34 7.32 12.20 -2.25 1994 - 2022 percent Monthly
2009=100

News Stream
El Salvador December Inflation Rate Hovers at 7-Month Low
The annual inflation rate in El Salvador was at a seven-month low of 7.3% in December, almost unchanged from the previous month. Prices slowed down mostly for transportation (5.1% vs 6.9% in November); recreation & culture (8% vs 9.5%) and alcoholic beverages & tobacco (4.3% vs 5.1%). Additionally, prices fell further for communication (-1% vs -0.6%). Meanwhile, other items such as food & non-alcoholic beverages (12.2% vs 12.1%) and restaurants & hotels (8.1% vs 7.8%) became more expensive. On a monthly basis, consumer prices increased by 0.2%, after rising by 0.6% in the previous month.
2023-01-10
El Salvador November Inflation Rate Hits 7-Month Low
The annual inflation rate in El Salvador eased for a third consecutive month to 7.32% in November of 2022 from 7.47% in October. This was the lowest reading since April, mainly due to a slight slowdown in prices of food & non-alcoholic beverages (12.06% vs 12.82% in October); recreation & culture (9.49% vs 10.36%) and furnishings & household equipment (8.36% vs 8.75%). Conversely, prices accelerated mostly for miscellaneous goods & services (10.15% vs 9.47%); transportation (6.86% vs 6.56%) and restaurants & hotels (7.80% vs 7.59%). Compared to the previous month, the CPI increased by 0.69%.
2022-12-08
El Salvador Inflation Rate Edges Lower in October
The annual inflation rate in El Salvador ticked down to 7.47% in October of 2022, from 7.49% in the prior month, largely due to softer rises in prices of food & non-alcoholic beverages (12.82% vs 13.55% in September) and restaurants & hotels (7.59% vs 7.81%). Meanwhile, prices accelerated for recreation & culture (10.36% vs 9.71%); miscellaneous goods & services (9.47% vs 9.27%); transportation (6.56% vs 5.21%) and alcoholic beverages & tobacco (4.64% vs 3.61%). On a monthly basis, consumer prices inched up by 0.71%, the most in five months, picking up from a 0.25% rise in the previous month.
2022-11-10