Ecuador: Inflation recedes in March
April 7, 2015
In March, consumer prices rose 0.41% over the previous month, which followed the 0.61% increase tallied in February and marked the lowest reading in three months. The increase in consumer prices mainly resulted from higher prices for food and non-alcoholic beverages and for restaurants and hotels.
Headline inflation fell from 4.1% in February to 3.8% in March. Conversely, annual average inflation inched up from February’s 3.7% to 3.8% in March.