Displaying items by tag: increase

The Cámara de Comercio e Industria de El Salvador (Camarasal), explained that total credits, as of may 2022, presented an increase of 8.5% compared to the same month of the previous year, and particularly those destined to the productive sector grew 49.5% for the same period.

The Mesa Nacional de Panificadores Artesanales, affirms that due to the price increases in flour prices will affect the cost and size of French bread.

The Ministerio de Agricultura y Ganadería (MAG), said that the application of the seed treater and foliar fertilizer will guarantee that around 600,000 small corn producers will have a very good harvest during the 2022-2023 productive cycle.

Due to the high increases in food prices, corn is one of the essential products of the basic food basket that is going through the hikes that inflation is generating worldwide.

The global inflation crisis will leave a balance of increased poverty in Central America in the current year 2022, according to a report by the Economic Commission for Latin America (ECLAC).

Insurance multilatina Suramericana reported revenues in all segments for USD 1,427 million in the period january-march 2022, presenting a growth of 21.4%, compared to the same quarter of the previous year, and a net profit of USD 26.7 million, also growing compared to 2021.

In the period from january to april, coffee exports generated US$76.6 million, an increase of 43.3% compared to the same months of last year. Likewise, there was a significant increase in volume.

Fuel consumption at service stations increased 7% in the first quarter of 2022, despite gasoline and diesel being more expensive than a year ago.

The executive director of the Gremial de los Exportadores de El Salvador, (COEXPORT), Silvia Cuellar, said that exports grew 17% in the first quarter of 2022.

The price of energy will remain without increases for the next three months, this was announced by President Nayib Bukele, through his Twitter account, to prevent households from being affected by increases in the international market.