Inflation in El Salvador
El Salvador - InflationThe economy likely gained speed in Q4 2018 as reflected by the monthly economic activity index showing a year-on-year acceleration in the quarter, led by growth in retail, construction and financial activities. Moving to Q1 2019, available data appears to paint a mixed picture: While merchandise exports contracted year-on-year in January for the third consecutive month, healthy family remittances growth in January should have continued to drive private consumption. Moreover, in early March the U.S. Department of Homeland Security extended temporary protected status until 2 January 2020 for El Salvador, boding well for remittances and private consumption this year.
El Salvador - Inflation Data
|Inflation Rate (CPI, annual variation in %)||0.8||1.1||-0.7||0.6||1.0|
5 years of economic forecasts for more than 30 economic indicators.
El Salvador Inflation Chart
Source: General Statistics Office.
El Salvador Facts
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