Wednesday, 20 September 2023 03:37

Basic food basket drops US$0.18 in august but remains high compared to january 2023

Written by Leydin Sorto

The Banco Central de Reserva published the cost of the basic food basket for the month of august which is US$255.18 (monthly cost per family) which reflects a decrease of US$0.18 compared to july's price which was US$255.36.

The basic basket continues to be high compared to january 2023 which reported a monthly cost of US$245.02, evidencing an increase of US$10.16.

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The daily cost for a family of 3 to 4 members is US$8.50 according to BCR data, which is equivalent to a total daily expenditure per person of US$2.07.

The variation in the prices of products has been minimal, and the comparison between products from January 2023 to august is evident and has been perceived in the economy of salvadoran families.

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Families that support themselves with a minimum wage are allocating more than 70% to the cost of the basic food basket and only have less than 30% left for transportation, health, housing, clothing, among others.


Translated by: A.M