COURTESY
The Consumer Price Index (CPI) of El Salvador registered an annual variation of 0.29% at the end of december 2024, according to a recent report by the Secretaría del Consejo Monetario Centroamericano (SECMCA). This result reflects a significant slowdown compared to the 1.23% reported in the same period of 2023, marking a favorable trend in price stabilization.
The report highlights that the reduction in the CPI is mainly due to lower inflationary pressures on essential goods and services, as well as the strengthening of economic policies that have contained import costs. This has generated relief in the pockets of salvadorans, especially in a global context marked by market volatility.
In addition, when comparing december 2024 with november of the same year, a monthly variation of -0.17% was recorded. This decrease indicates a contraction in the prices of certain products, such as food and fuel, sectors that usually directly impact households.
SECMCA emphasized that El Salvador shows a positive performance compared to other countries in the region, where inflation rates have been higher. This behavior is attributed to the responsible management of fiscal policy and the constant monitoring of local prices.
Local economic analysts consider this trend to be an opportunity to strengthen the purchasing power of citizens and attract foreign investment. However, they warn that it is crucial to maintain these policies to ensure long-term economic stability.