A. M. El Salvador is among the countries with the lowest cost of the Basic Food Basket in Latin America, with a value of US$65.97 per person, according to a report by the Fundación Ciudadana por un Consumo Responsable. This amount places it below nations such as Guatemala (US$117.75) and Argentina (US$138.57), reflecting a significant difference in the prices of essential foods.
The study shows that Brazil has the highest cost in the region, with an average of US$115.16 per person. In contrast, Nicaragua (US$65.39) and El Salvador (US$65.97) are among the countries with the lowest costs, although with fewer products in the food basket.
Mexico stands out with a particularity because, although the per capita cost of its food basket is US$116.63, the number of products included is the highest, with 222 foods.
The report also highlights that Uruguay and Costa Rica, with costs of US$128.46 and US$116.45 respectively, have a more expensive food basket than the regional average. In these countries, high prices affect the purchasing power of citizens and can affect food security.
In general, the analysis of the Fundación Ciudadana por un Consumo Responsable reflects a great disparity in the prices and composition of the Basic Food Basket in Latin America. Factors such as inflation, production costs and the economic policies of each country have an impact on access to essential foods for the population.
You may also be interested in
Basic Food Basket in El Salvador registers slight increase in December
