Consumer prices in El Salvador edged up 0.31 percent year-on-year in January 2021, following an upwardly revised 0.09 percent drop in the previous month. It is the first price increase since December 2019, as prices rose further for clothing & footwear (2.1 percent vs 1.89 percent in December); healthcare (1.86 percent vs 1.76 percent) and miscellaneous goods & services (2.68 percent vs 2.51 percent). Meanwhile, prices declined at a softer pace for housing & utilities (-0.38 percent vs -2.19 percent in September); communication (-0.1 percent vs -0.63 percent) and transportation (-3.17 percent vs -4.74 percent). On a monthly basis, consumer prices went up 0.27 percent, from a 0.2 percent increase in the prior month. 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 February of 2021.
Inflation Rate in El Salvador is expected to be 0.10 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 0.90 in 12 months time. In the long-term, the El Salvador Inflation Rate is projected to trend around 1.50 percent in 2022, according to our econometric models.