Stable Remittances Will Continue To Prop Up El Salvador’s Economy
Country Risk / El Salvador / Fri 31 May, 2024
Key View
- Declining inflation and stable remittances will continue to underpin economic growth in El Salvador.
- A stable US labour market has provided an important tailwind to El Salvador in this respect, even if stickier inflation has prevented the Federal Reserve from beginning to cut interest rates, which could lead to stronger growth in El Salvador