Food Prices Push Inflation Down

In July the Consumer Price Index in El Salvador reported a monthly variation of -0.26%, explained partially by declines in the prices of Food and non-alcoholic beverages.

Wednesday, August 28, 2019

From the General Directorate of Statistics and Censuses report:

The General Index of Consumer Prices in July 2019 was 112.56, registering a 0.26% decrease, such variation is 0.12 percentage points lower with respect to the previous month.

Negative price variations in 6 divisions drove monthly inflation down, with Food and non-alcoholic beverages with 0.65%, Accommodation, water, electricity, gas and other fuels with 0.42% and Communications with 0.37, motivated by the decrease in prices of fish, fruits and vegetables and propane gas.

The Alcoholic Beverages and Tobacco division reported the main positive monthly variation, standing at 0.70%. It is worth highlighting the performance of the Transport division, because of its relative importance in the index.

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