Displaying items by tag: increase
Increases in withholding sent by the Pension System
The Ministry of Labor and Social Security announced that many employers, including municipalities, pay the legal withholding to the Instituto Salvadoreño del Seguro Social (ISSS), but did not send the withholding of the Social Security System, affecting any retirement process to workers.
World GDP would grow 20% by closing the gender gap, according to World Bank report
The World Bank reports that closing the gender gap in employment could increase gross domestic product (GDP) per capita in the long run by an average of nearly 20% across all countries.
SSF report shows 4.3% increase in savings accounts
The report of the Superintendencia del Sistema Financiero (SSF) indicates that, up to december 31, 2023, savings accounts in the banking sector show an increase of 4.3%, compared to the same date in 2022.
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The General Producer Price Index increased 0.25%.
The Oficina Nacional de Estadísticas y Censos (ONEC) through the Banco Central de Reserva (BCR), released the bulletin of the General Producer Price Index (IPP) for the month of december 2023.
Fines for commodity price increases rise to US$240,000
The Defensoría del Consumidor (DC) reports US$240,000 in penalties to companies for unjustified price increases in basic products, since March 2023 to date.
Meat price increases in 2024
According to the daily report published by the Ministerio de Agricultura y Ganadería (MAG) meat prices have experienced increases compared to the last week of 2023.
Coffee exports increase 21.1% in 2023-2024 cycle
Revenues from coffee exports from El Salvador rose 21.1% in the first two months of the 2023-2024 cycle, according to figures from the Instituto Salvadoreño del Café (ISC).
World debt and its abysmal increase in 2024
Global public debt is expected to reach a staggering US$97.1 trillion by the end of this year, a significant increase over the pre-pandemic level.
Fuel prices increase up to US$0.11 this fortnight
The Dirección general de Energía, Hidrocarburos y Minas (DGEHM), announced the new fuel prices, which will present an increase of up to US$0.11 cents. These will be in effect as of tuesday, january 9 until january 22.