Consumer prices in El Salvador fell 0.9 percent year-on-year in May of 2020, following a 1 percent drop in April and marking the tenth straight month of no annual growth in the CPI. Prices continued to fall for transportation (-9.7 percent vs -9.5 percent), housing and utilities (-3.5 percent vs -3.8 percent), communication (-1.4 percent vs -1.3 percent), recreation and culture (-1.3 percent vs -1.2 percent), and clothing and footwear (-0.9 percent vs -1.1 percent). In contrast, prices rose faster for food and non-alcoholic beverages (2.3 percent vs 2.1 percent) and alcoholic beverages and tobacco (3.6 percent vs 3.3 percent).

Inflation Rate in El Salvador averaged 3.10 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 July of 2020.

Inflation Rate in El Salvador is expected to be -1.00 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 0.10 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
-0.90 -1.05 12.20 -2.25 1994 - 2020 percent Monthly
2009=100


Calendar GMT Actual Previous Consensus TEForecast
2020-03-09 04:00 PM Feb -0.39% -0.08% 0%
2020-04-17 11:40 PM Mar -0.5% -0.39% -0.4%
2020-05-08 10:20 PM Apr -1.05% -0.5% -0.6%
2020-06-10 02:15 PM May -0.9% -1.05% -1.1%
2020-07-10 02:30 PM Jun -0.9% -1%
2020-08-17 03:20 PM Jul
2020-09-09 03:10 PM Aug
2020-10-08 02:00 PM Sep -0.5%


News Stream
El Salvador Deflation Slows in May
Consumer prices in El Salvador fell 0.9 percent year-on-year in May of 2020, following a 1 percent drop in April and marking the tenth straight month of no annual growth in the CPI. Prices continued to fall for transportation (-9.7 percent vs -9.5 percent), housing and utilities (-3.5 percent vs -3.8 percent), communication (-1.4 percent vs -1.3 percent), recreation and culture (-1.3 percent vs -1.2 percent), and clothing and footwear (-0.9 percent vs -1.1 percent). In contrast, prices rose faster for food and non-alcoholic beverages (2.3 percent vs 2.1 percent) and alcoholic beverages and tobacco (3.6 percent vs 3.3 percent).
2020-06-10
El Salvador Deflation Deepens in April
Consumer prices in El Salvador dropped 1.05 percent year-on-year in April 2020, after falling 0.53 percent in the previous month. It was the largest decline in consumer prices since September 2015, as cost went down further for transportation (-9.49 percent vs -2.03 percent), due to oil; clothing & footwear (-1.14 percent vs -1.09 percent); and recreation & culture (-1.18 percent vs -0.92 percent). In addition, cost of health eased (0.63 percent vs 0.72 percent). Meanwhile, prices rose at a faster pace for food & non-alcoholic beverages (2.08 percent vs 1.07 percent); restaurants & hotels (0.82 percent vs 0.73 percent); and miscellaneous goods & services (0.95 percent vs 0.61 percent). Also, cost of housing & utilities fell less (-3.77 percent vs -4.24 percent). On a monthly basis, consumer prices went down 0.35 percent, following a 0.08 percent fall in the prior month.
2020-05-08
El Salvador Deflation Deepens in February
Consumer prices in El Salvador dropped 0.39 percent year-on-year in February 2020, after declining 0.08 percent in the previous month. Cost fell further for housing & utilities (-4.18 percent vs -3.64 percent in January) and recreation & culture (-0.92 percent vs -0.17 percent). Additionally, prices slowed for food & non-alcoholic beverages (0.91 percent vs 1.28 percent); transport (0.45 percent vs 1.62 percent); and health (0.74 percent vs 0.89 percent). On the other hand, prices went down less for clothing & footwear (-1.62 percent vs -1.81 percent); furnishings & household equipment (-0.97 percent vs -1.13 percent); and communication (-1.38 percent vs -1.71 percent). Also, cost advanced at a faster pace for restaurants & hotels (0.86 percent vs 0.74 percent); and alcoholic beverages & tobacco (3.37 percent vs 3.12 percent). On a monthly basis, consumer prices declined 0.13 percent, after a 0.12 percent fall in the prior month.
2020-03-09
El Salvador Consumer Prices Fall in January
Consumer prices in El Salvador fell 0.08 percent year-on-year in January 2020, following a 0.01 percent gain in the previous month. Prices dropped further for housing & utilities (-3.64 percent vs -2.31 percent in December) and communication (-1.71 percent vs -1.18 percent). Also, cost of recreation & culture declined (-0.17 percent vs 0.52 percent); and prices slowed for restaurants & hotels (0.74 percent vs 0.91 percent); education (0.69 percent vs 0.73 percent); and alcoholic beverages & tobacco (3.12 percent vs 3.22 percent). Meanwhile, cost advanced at a faster pace for food & non-alcoholic beverages (1.28 percent vs 1.20 percent); and transport (1.62 percent vs 0.49 percent in December). On a monthly basis, consumer prices went down 0.12 percent, after rising 0.10 percent in the prior month.
2020-02-10

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.