Basic goods basket

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Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation

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A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of Salvadorans is being affected by rising inflation, which is one of the highest among dollarized economies. FUNDE … Read more

Salvadoran Basic Goods Basket Rose to Historic Highs in June

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The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching $262.17. President Bukele recently expanded the action of the Farmers’ Markets and slashed import … Read more