A recent study by the Research Center for Social and Economic Studies of Central America (CIESCA) revealed that El Salvador has the cheapest value of the basic food basket in the region.
The basic food basket for a Salvadoran family has a value of $212.55. In second place is Costa Rica, with a cost of $276.72 to meet the food and needs of its population.
Meanwhile, Nicaragua and Honduras have a higher value at $294.10 and $382.97, respectively. While Guatemala has positioned itself as the country with the most expensive basic basket, with $397.82 in its territory.
The advantageous position of El Salvador corresponds to the eleven economic measures implemented by the government of President Nayib Bukele to protect the family economy of Salvadorans and thus avoid the effects of the inflation crisis that is being experienced throughout the world.
This new data provided by CIESCA implies a significant reduction in the values provided by the Minister of Economy, María Luisa Hayem, at the beginning of May, when the basic basket in El Salvador registered a cost of $221. 00.
Thanks to these efforts, foods such as oil and butter, rice and sugar, onions, peppers, fertilizer, black and red beans, corn flour, wheat, milk, yellow corn, white corn, oranges, potatoes, bananas, cabbage, tomatoes, wheat, cereal, and animal feed do not pay import duties for one year.