LatinNews Daily - 09 June 2022

Click here for printer friendly version
Click here for full report

In brief: El Salvador’s inflation continues to soar

* El Salvador’s central bank (BCR) has released new figures which show the country’s monthly inflation was 0.91% in May, bringing the year-on-year rate to 7.48%, the highest rate of the last 12 months. Up from 0.50% monthly inflation in April, when year-on-year inflation was 6.55%, the May 2022 figure compares with monthly inflation of 0.03% in May 2021 and year-on-year inflation of 2.59%. Back in March President Nayib Bukele announced 11 measures aimed at reducing the impact of the increase in energy prices stemming from the coronavirus (Covid-19) pandemic and the war in Ukraine.

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.