Ecuador closes out 2016 with 1.12% inflation rate, down from 2015, 2014

Posted on January 10, 2017 • Filed under: Economy, Ecuador

Ecuador’s annual inflation in this 2016 was 1.12%, as reported by the National Institute of Statistics and Census (INEC). This figure was recorded through the Consumer Price Index in a report and it is also the lowest in the last ten years. In 2015 and 2014 inflation was two points above the current, with 3.38% and 3.67%, respectively.

In the international context, Ecuador is two points below the inflationary reality of other countries in the region. Colombia has 5, 96%, 3 Bolivia, Peru 88% and 3.35%. Read Article

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