Conduct inspections to avoid speculation in prices of basic basket products

El Salvador Confirms Food Price Stability Amid Wage Increase.

The Government of El Salvador, through the Consumer Protection Agency (DC), has ruled out any current conditions that would justify price increases in the basic food basket, affirming its continued commitment to protecting household economies across the country. Ricardo Salazar, president of the Consumer Protection Agency, confirmed that recent inspections conducted across supermarket chains and other suppliers have shown stable prices and consi…

The president of the Consumer Defender’s Office, Ricardo Salazar, leads inspections with the aim of avoiding speculation in the prices of the basic basket, after the announcement made by President Nayib Bukele on the proposal of the increase to the minimum wage. Salazar indicated that they will intensify the verification mechanisms to avoid and prevent any speculative effect on the measure of the increase of the minimum wage. “There are currentl…

Día a Día News El Salvador—President Nayib Bukele presented a proposal this Friday to increase the minimum wage in El Salvador by 12% starting in June 2025. The initiative covers the maquila, industrial, agricultural, commerce, and services sectors, with the goal of improving the purchasing power of Salvadoran workers amid rising inflation. This measure follows criticism over the lack of adjustments to the minimum wage since 2021, when a 20% inc…