Inflation in El Salvador falls to 4.4% in May, according to reserve bank data

INSUBCONTINENT EXCLUSIVE:
The year-on-year inflation rate in El Salvador moderated to 4.4% in May, marking the lowest index since August 2021, according to figures
from the Central Reserve Bank (BCR).BCR data indicates that the annualized rate of the Consumer Price Index, which is the indicator used to
measure inflation, is 3.07 percentage points lower than the 7.48% recorded in May 2022.The index recorded in May is the lowest in the
to central bank data
(Photo Internet reproduction)According to the bulletin from the National Statistics and Census Office (ONEC), affiliated with the BCR, in
2022 stood at 2.6%.