Macroeconomic Forecast El Salvador

September 2007 | Macroeconomic Forecasts

BMI View: As an exception among Central American countries, El Salvadorean inflation is likely to come in below our year-end forecast. Although prices have risen steadily in the past year around the region, mostly as a result of higher food costs, consumer prices in El Salvador rose by just 3.2% y-o-y in July, which was the lowest outturn since October 2006.

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