English 
Español 
Displaying items by tag: increase
Lodging and food services suffered price increases of 0.27% as of december 2022
The Banco Central de Reserva (BCR), shows in its macroeconomic data that the Producer Price Index (PPI), for december 2022 was 128.78 with a monthly variation of 0.27% resulting from the increase in prices in eight of the thirteen sections that comprise the main indicator, accommodation and services activities.
30% increase in the pension account will be reflected as of january 2023
The President of the Banco Central de Reserva (BCR), Douglas Rodriguez, explained in a morning interview that in January 2023 pensioners will see reflected in their savings account the payment of the 30% increase, a reform that was approved in december 2022.
Price per pound of cheese increased US$1.10 in recent months
In recent days salvadorans have reported a high increase in the prices of some dairy products, for example: the cost per pound of soft hard cheese which used to be US$2.60 to US$2.80 and now is between US$3.70 and US$4.00.
Total airline revenues could increase 93% by 2023: IATA
According to the International Air Transport Association (IATA), by 2023, total airline revenues could increase to an estimated 93% of the pre-pandemic level, driven by a recovery in passenger traffic.
Commission in favor of creating a law that will increase salvadoran pensions by 30%.
The Ad Hoc Commission issued favorable opinions to the Law for the creation of the del Instituto Salvadoreño de Pensiones (ISP) and the Special Law for the Issuance of Pension Obligations Certificates and Dissolution of the Fideicomiso de Obligaciones Previsionales (FOP).
Inflation in Latin America from january to july increased 12.4%: ECLAC
The Economic Commission for Latin America and the Caribbean (ECLAC), the Food and Agriculture Organization of the United Nations (FAO) and the World Food Program through a statement released that in Latin America food inflation has accelerated more than general inflation since 2020.
Foreign direct investment in Latin America increased 40.7% in 2021
In a context of weak economic recovery, Latin America and the Caribbean received US$142 million in Foreign Direct Investment (IED) in 2021, 40.7% more than in 2020, but this growth was not enough to reach pre-pandemic levels, the Economic Commission for Latin America and the Caribbean (ECLAC) reported today through a press release that reports the main conclusions of the annual report Foreign Direct Investment in Latin America and the Caribbean 2022.
Urban sector with strong 22% increase in price of basic food basket to september 2022
According to the recent study "3rd Country Situation Report 2022" by Universidad Francisco Gavidia (UFG), there is a strong increase in the price of the basic food basket, especially in rural areas.
Ministry of Labor reports increase in formal employment from april 2021-2022
During the first five months of this year, more than 7,000 people managed to get a formal job in the private sector. An average of 1,400 per month, thanks to the favorable conditions and stable climate perceived in El Salvador.
Income Tax in 2022 has increased 30.5% from january to july 2022
The Ministry of Finance (MH) indicated that the collection of Income Tax (ISR) accumulated US$1,909.7 million in the period from january to july 2022.