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Domestic food price inflation remains high worldwide
Written by Evelyn Alas
According to the World Bank, data collected between september and december 2022 indicates high inflation in almost all low- and middle-income countries.
25 lb. gas cylinder remains at a price of US$11.13 for february
Written by Evelyn Alas
The Ministerio de Economía (MINEC), informs salvadorans that propane gas prices for the month of february do not register variations and remain stable, due to the subsidy provided by the Central Government.
MINEC seeks to generate strategies for trade facilitation
Written by Evelyn Alas
The Ministerio de Economía (MINEC) is successfully advancing in its purpose of achieving economic development that has a direct impact on salvadoran families and generates a better quality of life.
IMF projects global GDP to decline 2.9% in 2023 and 3.1% in 2024
Written by Evelyn Alas
According to the International Monetary Fund (IMF) the forecast for 2023 is 0.2 percentage points higher than projected in the october 2022 edition of the World Economic Outlook (WEO report), but lower than the historical average (2000-19) of 3.8%.
Defensoría del Consumidor maintains vigilance on basic grains prices to avoid speculation
Written by Evelyn Alas
The Defensoría del Consumidor (DC), continues implementing strategies to remain vigilant of the markets and avoid that the pockets of salvadoran families are affected due to abusive practices by suppliers of different inputs.
Simple tips that will help you save money easily
Written by Evelyn Alas
As of 2020, we are all adapting to a new reality and new consumption habits. Our habits and lifestyle are different and this has also affected our way of saving.
Savings accounts had a year-on-year growth of US$437 million to january 2023
Written by Evelyn Alas
The Superintendencia del Sistema Financiero (SSF), reported that savings accounts show an 8% increase as of january 20, 2023, which represents an interannual growth of US$437.6 million, marking a positive trend of the population towards savings.
World Bank projects regional economy to grow 1.3% in 2023
Written by Evelyn Alas
The World Bank explained that after a 6.9% rebound in 2021, the regional economy grew 3.6% in 2022 and is expected to grow 1.3% in 2023.
International price of Arabica coffee increased to US$159 per quintal
Written by Evelyn Alas
The Consejo Salvadoreño del Café (CSC), informed that Arabica coffee prices rose yesterday monday in a volatile session. Despite negative factors on the supply side, there is support from speculative buying.