Ecuador: Inflation remains steady in February
Inflation held steady at January’s 1.4% in February. Looking at the details of the release, higher year-on-year food prices in February were partly offset by lower prices for transport and clothing.
Annual average inflation edged down to 1.9% in February (January: 2.1%).
Finally, consumer prices increased 0.09% over the previous month in February, largely in line with the 0.13% increase seen in January.