Ecuador: Inflation rises in August
Latest reading: Inflation edged up to 0.8% in August, following July’s 0.7%. Looking at the details of the release, food prices grew at a steeper pace, and transportation costs declined at a milder rate. In contrast, housing and utilities costs dropped at a softer pace.
The trend was unchanged, with annual average inflation coming in at July’s 0.7% in August.
Lastly, consumer prices rose 0.31% in August over the previous month, accelerating from July’s 0.17% rise.