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. source: Dirección General de Estadística y Censos - DIGESTYC

Inflation Rate in El Salvador averaged 3.15 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 November of 2022.

Inflation Rate in El Salvador is expected to be 6.29 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
2022-10-07 07:30 PM Sep 7.49% 7.66% 6.74%
2022-11-10 02:30 PM Oct 7.47% 7.49% 6.92%
2022-12-07 03:00 PM Nov 7.47% 6.23%


Related Last Previous Unit Reference
Inflation Rate 7.47 7.49 percent Oct 2022
Inflation Rate MoM 0.71 0.25 percent Oct 2022
Food Inflation 12.82 13.55 percent Oct 2022
CPI Transportation 120.26 117.97 points Oct 2022
CPI Housing Utilities 143.20 142.82 points Oct 2022
Core Inflation Rate 5.26 5.24 percent Sep 2022
Core Consumer Prices 115.01 114.64 points Sep 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
7.47 7.49 12.20 -2.25 1994 - 2022 percent Monthly
2009=100

News Stream
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
El Salvador Inflation Rate Cools to 7.49%
The annual inflation rate in El Salvador cooled to 7.49 percent in September of 2022 from 7.66 percent in the previous month, following a global trend of moderating inflation. Still, inflation remains high, and the central bank will need to maintain high interest rates to reduce it to within the target range.
2022-10-07
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.
2022-07-08