Inflation fell to 0.4% in August, below July’s 0.8%. August’s figure represented the lowest inflation rate since April. Looking at...
Inflation in El Salvador
Consumer price inflation in El Salvador averaged at 1.4% in the ten years to 2022, below the Central America and Caribbean regional average of 3.4%. The 2022 average figure was 7.2%. For more inflation information, visit our dedicated page.
El Salvador Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for El Salvador from 2019 to 2018.
Source: Macrobond.
El Salvador Inflation Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 0.1 | -0.4 | 3.5 | 7.2 | 4.0 |
| Inflation (CPI, ann. var. %, eop) | 0.0 | -0.1 | 6.1 | 7.3 | 1.2 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Salvadoran inflation projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Salvadoran inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Salvadoran inflation projections.
Want to get access to the full dataset of Salvadoran inflation forecasts? Send an email to info@focus-economics.com.
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