Inflation in El Salvador
El Salvador - Inflation
The economy had a poor start to the second quarter of 2019, following a likely downbeat first quarter of the year. Annual growth in economic activity slowed to a near four-year low in April due to a contraction in the agricultural, industrial, trade, transport and storage, and ICT sectors. In addition, remittances and merchandise exports both fell in April compared to the same month a year earlier and, with the U.S. economy set to cool in Q2, El Salvador’s economy will likely feel the effects. Meanwhile, in politics, President Nayib Bukele was sworn into office on 1 June and lost no time in firing several government officials, including relatives of former President Salvador Sánchez Cerén, via Twitter.El Salvador - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 0.8 | 1.1 | -0.7 | 0.6 | 1.0 |
El Salvador Inflation Chart
Source: General Statistics Office.
El Salvador Facts
| Value | Change | Date |
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