That's true about El Salvador's inflation. Based on this website's data -->
https://tradingeconomics.com/el-salvador/inflation-cpiThe inflation rate of El Salvador for this month of April 2023 has fell down to 5.44% and as per that website and source: it says that it's for the 4 consecutive months of decrease and it's interesting while many of the rich countries have been gaining percentage of their inflation rates, El Salvador is dropping on it.
i did not know about the decline in inflation rate in El-Salvador because BTC is still in range between $25k to $33K and currently on $27k. As far as i know, They have declared BTC as legal tender in 9th June 2021. and at that time the price of BTC was
$37,374.83, well, lets say according to these states El-Salvador has bought total of
2381 BTC by investing around
$103,233,360 on it. And according to current market there investment is down to
$64,089,234. Then how can there inflation decrease as the are already in loss on there national reserves. Well until the price of BTC again reaches to new highs, till then i can imagine if El-Salvador is going to decrement inflation rate in there region.
I also wonder that, according to following stats, El-Salvador has only 2,381 and USA base companies had total of 678,436 BTC which worth more than El-Salvador's and still USA is facing Debt Ceiling, US dollar Inflation and Bank Crisis problems along with the hell lot of increase in their inflation rate. While here you are stating that, El-Salvador has decline there inflation rate. How?
