As of september 2022, three countries in the Central American region have inflation over 10%, as a result of the global crisis of high prices. El Salvador has an inflation rate of 7.49%, the lowest in the region according to official figures published by the Consejo Monetario Centroamericano (SEMCA).
Compared to Costa Rica, which had an inflation rate of 10.37%, Honduras 10.04% and Guatemala 9.03%.
It is worth noting the 0.8% increase in the prices of Hotels, cafes and restaurants, to 7.8% year-on-year, which contrasts with the -0.6% decrease in the prices of Communications, and a year-on-year variation of -0.7%.
The consumer price index or consumer price index1 (commonly known by its acronym IPC) is an economic index in which the prices of a given set of goods and services (known as "family basket" or "basic food basket" determined on the basis of the continuous survey of family budgets (also called "household expenditure survey"), which a number of consumers acquire on a regular basis, and the variation with respect to the price of each one, with respect to a previous sample, are valued.
Measures changes in the price level of a basket of consumer goods and services purchased by households.