Thursday, 14 September 2023 03:37

The cost of the basic food basket is US$255.35, more than 70% of the minimum wage

Written by Leydin Sorto

The cost of the basic food basket for consumers up to july of this year according to the Oficina Nacional de Estadísticas y Censos (ONEC) is US$255.35, which means that more than 70% of the minimum salary is being spent on the cost of the basic food basket.

According to statements made by Danilo Perez, Executive Director of Centro para la Defensa del Consumidor (CDC) in an interview, the increase to the minimum wage made in 2021 has not been enough to face the price increases in the basic food basket, both in the urban and rural sectors.

According to the Banco Central de Reserva (BCR) survey, 52% of the salvadoran population, that is, 3.3 million people are in a situation of food insecurity.

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While Luis Treminio, President of the Presidente de la Asociación Cámara Salvadoreña de Pequeños Y Medianos Productores Agropecuarios (CAMPO) in an interview said that there are "discrepancies with the position of the minister of Agriculture, because although the official data presented, do not reflect the reality of the current situation".

Referring to the low production of basic grains in the country, addressing the issue of the food crisis and the rise in some products of the basic food basket in El Salvador today.

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"Since march it has been said that the production of basic grains has dropped, approximately there is a 34% reduction in relation to 2021", said the President of CAMPO.

And he said that "from august onwards, this decrease in the agricultural sector, mainly in the basic grains sector, was going to be felt in the market. This is what is weighing in reality".

 

Translated by: A.M