Business and Economy
Inflation Rate in El Salvador in 2023 Drops to 4.41. The Rate is Down 39.75% Year-to-Date
The inflation rate in El Salvador at the end of May 2023 is at 4.41; it is 1.03 or 18.93% lower than the 5.44 it closed the previous month. May 2023 is the first month the rate has been under 5.0 since September 2021. El Salvador started the year with … Read more
El Salvador Coffee Exports in 2023 total $64.8 million, Down 5.67% for the Year
El Salvador’s coffee exports year to date total $64.8 million. It represents a 5.67% decrease compared to the same 2022 period, equal to $3.9 million less, according to data from the Central Reserve Bank of El Salvador (BCR). El Salvador’s coffee exports average for 2023 is $16.2 million per month, … Read more
El Salvador exports total $2,260.7 million Year to Date, Down 7.44% for the Year
El Salvador’s exports year to date total $2,260.7 million. It represents a 7.44% decrease compared to the same 2022 period, equal to $181.9 million less, according to data from the Central Reserve Bank of El Salvador (BCR). El Salvador exports in 2023 average $565.2 million per month, reaching a yearly … Read more
Imports to El Salvador totaled $1,177.5 million in March, down 9.12% year to date
Imports to El Salvador as of April 2023 totaled $5,116.2 million; it represents a -9.12% annual reduction, equal to $513.2 million less than in 2021, according to data from the Central Reserve Bank of El Salvador (BCR). The monthly average of Imports to El Salvador in 2023 is $1,279.1 million, … Read more
El Salvador’s Basic Food Basket Cost per Family is $247.79 in Urban Areas
As of the end of April 2023, El Salvador’s basic food basket cost per family is $247.79 for the urban sector and $190.10 for rural areas. The Salvadoran essential food basket cost in urban areas is about 23.3% more expensive than in the rural sector. One of the principal worries … Read more
