The Ministerio de Economía (MINEC), announced the new reference prices of fuels that will be in effect from february 7 to 20, 2023, reflecting an increase of between US$0.14 and U$0.10 in regular gasoline and a slight decrease of US$0.04 in diesel.

The bakery sector of the country indicated that they are still concerned due to the substantial increase in the value of butter and flour, raw materials used in the production of consumer products.

According to the Ministerio de Economía (MINEC), the economic relief measures promoted by the Central Government since 2022 have generated an estimated savings of US$122.41 million for propane gas consumers.

Thursday, 02 February 2023 15:32

Domestic food price inflation remains high worldwide

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According to the World Bank, data collected between september and december 2022 indicates high inflation in almost all low- and middle-income countries.

The Ministerio de Economía (MINEC), informs salvadorans that propane gas prices for the month of february do not register variations and remain stable, due to the subsidy provided by the Central Government.

The Ministerio de Economía (MINEC) is successfully advancing in its purpose of achieving economic development that has a direct impact on salvadoran families and generates a better quality of life.

According to the International Monetary Fund (IMF) the forecast for 2023 is 0.2 percentage points higher than projected in the october 2022 edition of the World Economic Outlook (WEO report), but lower than the historical average (2000-19) of 3.8%.

The Defensoría del Consumidor (DC), continues implementing strategies to remain vigilant of the markets and avoid that the pockets of salvadoran families are affected due to abusive practices by suppliers of different inputs.

Monday, 30 January 2023 14:50

Simple tips that will help you save money easily

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As of 2020, we are all adapting to a new reality and new consumption habits. Our habits and lifestyle are different and this has also affected our way of saving.