Ecuador: Inflation falls to eight-month low in January
February 6, 2015
In January, consumer prices rose 0.59% over the previous month, which followed the 0.11% increase tallied in December. January’s result marked the highest reading in four months. The increase in consumer prices mainly resulted from higher prices for transportation as well as for food and non-alcoholic beverages.
Annual headline inflation fell from 3.7% in December to 3.5% in January, which marked the lowest result in eight months.