In March, consumer prices increased 0.34% over the previous month, which was below the 0.55% increase recorded in February. The main drivers behind the monthly rise were higher prices for healthcare, which rose 0.81% over February as well as for food and non alcoholic beverages (+0.55% month-on-month). In spite of the more subdued price increase, annual headline inflation increased from 3.4% in February to 3.6% in March, the level at which the government expects inflation to end this year.
Consumer price pressures ease in March
April 7, 2011
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Ecuador Economic News
October 11, 2016
In August, economic activity recorded an annual contraction of 2.8%, according to the monthly indicator for economic activity (IDEAC, Índice de Actividad Económica Coyuntural).
October 7, 2016
In September, consumer prices rose 0.15% over the previous month, contrasting August’s 0.16% decrease.
October 3, 2016
The Ecuadorian economy performed slightly better in the second quarter, the result of gradually improving oil prices and an increase in crude output.
September 8, 2016
In July, economic activity plummeted and recorded the largest contraction in over ten years.
September 6, 2016
In August, consumer prices fell 0.16% over the previous month, the lowest reading in over three years.