From Tim's El Salvador blog:
The economic news from El Salvador is all about inflation.
The price of a pound of beans has risen from 50 cents to $1.25 yesterday according to La Prensa Grafica, and the price of corn has gone from 50 cents a pound to one dollar.
The price of gasoline has gone up 27% according to El Mundo. Increased fuel costs have lead the operators of bus companies throughout El Salvador to threaten a national strike unless the government increases the subsidy paid to them.
The price of a box of tomatoes which had been 20-23 dollars, now commands between 32-34 dollars according to Diario CoLatino.
The causes are varied: the demand for corn created by US ethanol policy, a bad harvest for beans and other vegetables, record world oil prices. The solutions are scarce.
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