The World Trade Organization, explains its article titled "A year of war in Ukraine: assessing the impact on global trade and development" estimates that trade growth in 2022 was above the WTO's 3% trade forecast issued in april and substantially higher than its estimates for more pessimistic scenarios for the year.

The Defensoría del Consumidor explains that the Central Government continues to protect the economy of salvadorans through the application of measures against inflation.

According to Moody's rating agency, Moody's explained in an analysis that improved security levels in El Salvador following the Central Government's crackdown on gangs could eventually boost investment as businesses and consumers gain confidence.

The Ministerio de Agricultura y Ganadería (MAG) launched the AgroMercados to be established at strategic points nationwide, to facilitate direct trade of different national products.

According to the Banco Central de Reserva (BCR), in january 2023, El Salvador received US$588 million in family remittances, showing a growth of 6.4% compared to the same period last year.

The anti-crisis measures taken by the Central Government in march last year, have allowed El Salvador to continue with the lowest inflation in Central America in 2023, thus minimizing the impact on the pockets of Salvadorans compared to the rest of the region and the world.

The Dirección General de Energía, Hidrocarburos y Minas (DGEHM), informs salvadorans about a new reduction in the prices of premium gasoline, regular and diesel, reflecting a reduction between US$0.26 and US$0.02.

Saturday, 18 February 2023 03:37

FAO Food Price Index declined 0.8% in january 2023

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The Food and Agriculture Organization of the United Nations (FAO) monthly global food price index averaged 131.2 points in january 2023, down 1.1 points by 0.8% from december 2022, thus declining by 10.

The annual variation rate of the Índice de Precios al Consumidor (IPC) in El Salvador in january 2023 was 7%, 3 tenths lower than the previous month, according to the Oficina Nacional De Estadística Y Censos (ONEC).