Ecuador: Cost of basket of goods for month increases to over $600 dollars

Ecuador in January closed with inflation at 0.50%, 0.57% lower than the same month last year, said yesterday the Institute of Statistics and Census (INEC).
Family basket increased to 601,16 in January 2013 Inflation in January, said the Institute, responded primarily to the increase in prices of food and beverages, as well as restaurants and hotels, among others. The cost of the basic food basket in January was $ 601.61, while in January 2012 was $ 581.21 Ecuador which has had a dollar economy since 2000, closed 2012 with an annual inflation rate of 4.16 Read Article