A. M. 
According to the latest data from the Banco Central de Reserva (BCR), El Salvador is positioned among the countries with the lowest annual inflation in fuels and lubricants, with a remarkable reduction of -9.5% in August 2024. This figure stands out worldwide, placing El Salvador among the countries with the lowest inflation rates in this area, according to statistics from the Organización para la Cooperación y el Desarrollo Económicos (OECD).
This decrease in fuel and lubricant prices represents a relief for the country’s business and transportation sector, which has seen a significant reduction in operating costs. In comparison with other nations, El Salvador is better positioned than countries such as Belgium (-9.3%), Switzerland (-2.3%) and Germany (-6.9%).
In addition to the reduction in fuel prices, the BCR highlights that El Salvador has registered a decrease in annual inflation in other energy services such as electricity, gas and other fuels. These indicators reinforce the country’s economic competitiveness, benefiting multiple productive sectors and the final consumer.
This inflationary behavior has been beneficial for key sectors in El Salvador, such as transportation and companies that depend directly on these inputs. While other economies register increases in the prices of these goods, such as Colombia (10.2%) and Mexico (6.4%), the downward trend in El Salvador generates a favorable environment for the development of economic activities and the mobility of the population.
With this reduction, El Salvador continues to consolidate its stability in a volatile market, positioning itself as a benchmark within the region and the OECD in terms of controlling energy inflation.
