Wednesday February 15 2017
El Salvador Inflation Rate at -0.26 percent
El Salvador consumer prices fell 0.26 percent year-on-year in January of 2017, following a 0.94 percent drop in the prior month. It was the smallest deflation since October last year, as cost fell less for furnishing (-1.20 percent vs -2.09 percent), recovered for housing and utilities (3.67 percent vs -1.22 percent) and went up faster for transport (2.37 percent vs 0.10 percent) and restaurants and hotels (1.70 percent vs 1.54 percent). In contrast, prices fell for food and non-alcoholic beverages (-3.38 percent vs -2.39 percent), miscellaneous goods and services (-0.05 percent vs 0.49 percent) and clothing and footwear (-2.70 percent vs -2.57 percent). On a monthly basis, consumer prices rose 0.74 percent after declining 0.18 percent in December.