Ecuador: Inflation moderates in July
August 5, 2022
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%).