Salvadoran Basic Food Basket stable

DIGESTYC indicates that despite an inflation of 9.9% in August (0.03% higher than the 9.6% in July) the rising trend in price of the Basic Food Basket was detained.

Wednesday, October 1, 2008

The rising trend in price of the Basic Food Basket was detained this month mainly because the price of food started to stabilize due to the end of the harvest of grains and vegetables, as well as the slight drop in the price of fertilizers, said Miguel Corleto, head of the Statistics and Census Bureau (DIGESTYC).

More on this topic

Nicaragua to end 2008 with 18% inflation

December 2008

According to the latest report on inflation published by the BCN, at the end of October the accumulated inflation was at 13.95% compared to 10.71% in 2007.

The institution explain that the downward trend in inflation continues, and that for the first time this year there was a slight decrease of 0.02%.

Cost of living in Costa Rica increases sharply

October 2008

There was a 0.95% increase recorded in the price of good in the basic food basket, or an accumulated inter-annual index of 15.77%, the highest it has been in 10 years.

"The inter-annual variation up to the end of September 2008 is the highest recorded in the last 10 years," INEC declared in a press release comparing the figure for the period from October 2007 to September 2008; it was at 9.43% in the previous period.

El Salvador's basic food basket cost jumps in June

July 2008

The price of the basic food basket in urban zones of El Salvador jumped by 6.27 dollars in June. In rural areas the increase was 4.08 dollars.

The increase in food prices coincided with the increase in the minimum wage.
El Salvador's national statistics-gathering body reported that residents of urban areas were paying 172.83 dollars for the main food products in June, while in the country the cost was 130.80 dollars.

Prices rise in El Salvador

July 2008

Over the past five years, the basic basket of consumer goods has risen by 42 dollars, or 67.5 percent, but just in the past year it has gone up by 28 dollars.

In May 2003, the cost of the basket was 124.56 dollars, while in 2007 it was 138.21 dollars. This May the price was 166.56.

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