Mountains in Ecuador

Ecuador Inflation July 2022

Ecuador: Inflation moderates in July

Consumer prices rose 0.16% over the previous month in July, which was below the 0.65% increase recorded in June. July’s result marked the weakest reading since March. The result was driven by moderating price pressures for transportation and easing price pressures for clothing and footwear.

Inflation came in at 3.9% in July, down from June’s 4.2%. Annual average inflation rose to 2.5% in July (June: 2.2%).

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