The annual inflation rate in El Salvador fell for the fourth straight month to 5.44% in April 2023, from 6.06% in the previous month, marking the lowest figure since September 2021. Prices softened for several CPI items such as food & non-alcoholic beverages (10.4% vs 11.6% in February); transportation (1.5% vs 1.1%); housing and utilities (2.2% vs 2.5%); recreation & culture (3.1% vs 4.7%) and furnishings & household equipment (3.4% vs 3.8%). Meanwhile, prices accelerated for clothing & footwear (2.5% vs 2.4%) and restaurants and hotels (7.6% vs 7.2%). On a monthly basis, consumer prices edged down by 0.1%, after a 0.1% rise in the prior month. source: Dirección General de Estadística y Censos - DIGESTYC

Inflation Rate in El Salvador averaged 3.21 percent from 1994 until 2023, 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 2023.

Inflation Rate in El Salvador is expected to be 4.21 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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
El Salvador Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-04-14 07:00 PM Mar 6.06% 6.82% 6.18%
2023-05-08 10:40 PM Apr 5.44% 6.06% 5.78%
2023-06-09 02:00 PM May 5.44% 4.96%


Related Last Previous Unit Reference
Inflation Rate 5.44 6.06 percent Apr 2023
Food Inflation 10.36 11.62 percent Apr 2023
CPI Transportation 118.79 119.52 points Apr 2023
Inflation Rate MoM -0.08 0.10 percent Apr 2023
CPI Housing Utilities 144.18 144.70 points Apr 2023
Core Inflation Rate 3.62 4.01 percent Apr 2023
Core Consumer Prices 116.80 116.80 points Apr 2023

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
5.44 6.06 12.20 -2.25 1994 - 2023 percent Monthly
2009=100

News Stream
El Salvador Inflation Rate Softens to 1-½ Year Low
The annual inflation rate in El Salvador fell for the fourth straight month to 5.44% in April 2023, from 6.06% in the previous month, marking the lowest figure since September 2021. Prices softened for several CPI items such as food & non-alcoholic beverages (10.4% vs 11.6% in February); transportation (1.5% vs 1.1%); housing and utilities (2.2% vs 2.5%); recreation & culture (3.1% vs 4.7%) and furnishings & household equipment (3.4% vs 3.8%). Meanwhile, prices accelerated for clothing & footwear (2.5% vs 2.4%) and restaurants and hotels (7.6% vs 7.2%). On a monthly basis, consumer prices edged down by 0.1%, after a 0.1% rise in the prior month.
2023-05-08
El Salvador Inflation Rate Eases to 17-Month Low
The annual inflation rate in El Salvador fell for the third straight month to 6.06% in March 2023, from 6.82% in the previous month. This was the lowest reading since October 2021, as prices softened for several CPI items such as food & non-alcoholic beverages (11.6% vs 12.6% in February); transportation (1.5% vs 4%); recreation & culture (4.7% vs 5.1%); furnishings & household equipment (3.7% vs 5.3%); and clothing & footwear (2.3% vs 2.9%). Meanwhile, prices accelerated for housing and utilities (2.5% vs 2.4%). On a monthly basis, consumer prices edged up by 0.1%, after a 0.6% rise in the prior month.
2023-04-14
El Salvador Inflation Rate at Near 1-Year Low
The annual inflation rate in El Salvador fell for the second straight month to 6.82% in February 2023, from 7.03% in the previous month. This was the lowest reading since April last year, as prices softened for several CPI items such as miscellaneous goods & services (9.23% vs 10.03% in January); recreation & culture (5.15% vs 5.84%); furnishings & household equipment (5.29% vs 7.13%); transportation (4.01% vs 5.07% in January) and clothing & footwear (2.89% vs 3.95%) and alcoholic beverages & tobacco (4.84% vs 5.58%). Meanwhile, prices accelerated for food & non-alcoholic beverages (12.61% vs 12.22%) and restaurants & hotels (7.40% vs 7.26%). On a monthly basis, consumer prices inched up by 0.59%, after a 0.34% rise in the prior month.
2023-03-07