Ecuador Inflation

Ecuador

Ecuador: Consumer prices pick up in April

May 6, 2011

In April, consumer prices increased 0.82% over the previous month, which more than doubled the 0.34% increase recorded in March. The reading represented the fastest price increase in 15 months. The main drivers behind the monthly rise were higher prices for food and beverage prices (+1.49% month-on-month) as well as for education (+1.62% mom). Education prices typically rise sharply in April as students return to school. In addition, food and beverage prices spiked, as the La Ni


Author: Ricard Torné, Head of Economic Research

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