Inflation goes up to 9.9% in El Salvador

The increase in the price of basic grains and fuel has caused the consumer price index (CPI) to reach its highest level since the country dollarized its economy and the highest in the last 12 years.

Tuesday, September 9, 2008

These high levels of the CPI coincide with the period in which petroleum also reached all-time record highs, above $147 per barrel in July.
Ricardo Esmahan, Minister of the Economy, said yesterday that the high cost of the petroleum bill has a direct impact on the general increase in prices and on the rest of products and services.

More on this topic

Honduras: 5.7% Annual Inflation to February

March 2014

Educational services, food, soft drinks and transport were responsible for part of the increase in prices in February.

Monthly inflation was 0.82%, lower than the observed figure in February 2013, when prices rose by 1.07%.

From a press release issued by the Central Bank of Honduras (BCH):

Costa Rica: In 11 Month Inflation Reaches 3,79%

December 2011

Accumulated variation from January to November is 3,79% with Transport and Education being the groups having the most affect on inflation.

A press release from the National Institute of Statistics and Census (INEC) reads:

In November the groups reporting positive variations less than the General Index were:

Inflation Reaches 7.63% in Guatemala

September 2011

International pressure on the price of oil, wheat and corn are the main causes.

So far this year prices in Guatemala have risen by 5.85%, an increase explained largely by high commodity prices internationally.

At home, the products that rose in price during August were tomatoes, sugar and tortillas, while other goods such as oranges and avocados, as well as travel services, showed a reduction.

Costa Rica: Inflation Rate Accelerated in October

November 2010

Inflation in October reached 5.25% for the year.

The increase in the month of October was 0.47%, which represents the largest monthly increase since May, the month which saw a 0.55%. rise.

According to a report released by the INEC, the five goods and services with the greatest contribution to the increase, two are regulated (water and transportation service) and two are agricultural products, which are closely related to climate conditions that affect supply (tomato and potato), and the fifth is coffee. Negotiated contracts for coffee in international markets have experienced a rise of more than 40% this year. Concerns about bad weather and outbreaks in major suppliers such as Vietnam and Colombia have influenced this increase.

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