Displaying items by tag: increase
Ministry of Labor reports increase in formal employment from april 2021-2022
During the first five months of this year, more than 7,000 people managed to get a formal job in the private sector. An average of 1,400 per month, thanks to the favorable conditions and stable climate perceived in El Salvador.
Income Tax in 2022 has increased 30.5% from january to july 2022
The Ministry of Finance (MH) indicated that the collection of Income Tax (ISR) accumulated US$1,909.7 million in the period from january to july 2022.
Bread prices to increase between 2021 and 2022
Danilo Pérez, director of the Centro para la Defensa del Consumidor (CDC), informed this morning that the products to make french bread or sweet bread have increased, in the case of vegetable butter, the 50 pound box in may 2021 cost US$26 and as of july of this year it is at US$55.50, that is an increase of 113%.
Tax Revenues increased US$581.9 million in the first semester 2022
Tax revenues exceeded expectations in the first semester of the year showing a growth of US$581.9 million with respect to 2021, according to the latest report from the Ministry of Finance.
Total loans over one year increased 8.5% as of may 2022
The Cámara de Comercio e Industria de El Salvador (Camarasal), explained that total credits, as of may 2022, presented an increase of 8.5% compared to the same month of the previous year, and particularly those destined to the productive sector grew 49.5% for the same period.
Mesa de Panificadores says price increase in bread expected
The Mesa Nacional de Panificadores Artesanales, affirms that due to the price increases in flour prices will affect the cost and size of French bread.
MAG projects a 25% increase in productivity per block of corn sown
The Ministerio de Agricultura y Ganadería (MAG), said that the application of the seed treater and foliar fertilizer will guarantee that around 600,000 small corn producers will have a very good harvest during the 2022-2023 productive cycle.
How does the increase in corn prices affect tortilla sales?
Due to the high increases in food prices, corn is one of the essential products of the basic food basket that is going through the hikes that inflation is generating worldwide.
Poverty in Central America will increase by 1%: ECLAC
The global inflation crisis will leave a balance of increased poverty in Central America in the current year 2022, according to a report by the Economic Commission for Latin America (ECLAC).
Suramericana obtained a net income of US$26.7 million in the first quarter of 2022
Insurance multilatina Suramericana reported revenues in all segments for USD 1,427 million in the period january-march 2022, presenting a growth of 21.4%, compared to the same quarter of the previous year, and a net profit of USD 26.7 million, also growing compared to 2021.