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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
El SalvadorEl Salvador PPI YoY climbed to 3.1% in November 2024
FMPMonthlyReleased December 2024
El Salvador PPI YoY climbed to 3.1% in November 2024, released December 2024, up 0.17% from October's 2.93% reading. The print came in cooler than the 3.4% consensus, a softer print than forecasters anticipated. The print is running well above the 12-month average of 2.02%. PPI YoY is now the highest in 16 months.
Latest Release
3.1
Actual
3.4
Consensus
2.93
Previous
Median Absolute Error
±0.3 percentage points
across last 8 releases
Last Call
Dec 2024
Predicted: 3.4
Actual: 3.1
Error: +0.3
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The December 2024 reading rose from the previous value of 2.93. Over the last 8 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.3. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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PPI YoY - SV
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