Ecuador: Inflation Rate for June 2013 at 2.68 percent

Posted on August 2, 2013 • Filed under: Economy, Ecuador reported that the inflation rate in Ecuador was recorded at 2.68 percent in June of 2013. Inflation Rate in Ecuador is reported by the INEC, Ecuador. Ecuador Inflation Rate averaged 23.96 Percent from 1970 until 2013, reaching an all time high of 107.87 Percent in September of 2000 and a record low of -2.67 Percent in April of 1970. In Ecuador, the main components of the consumer price index are: Food and Non-Alcoholic Beverages (25.1 percent of the total weight); Transports (13.6 percent); Housing, Water, Electricity, Gas and Other Fuels (10.2 percent) and Clothing and Footwear (9 percent). Restaurants and Hotels account for 6.8 percent; Education for 6.78 percent; Furniture and Household Equipment for 6.1 percent and Health Care for 6 percent. Others include: Leisure and Culture (5.9 percent); Other Goods and Services (5.2 percent); Communications (4.4 percent) and Alcoholic Beverages, Tobacco and Narcotics (0.9 percent). The national index has a base of 100 as of 2004. The CPI reflects the prices and spending patterns registered in eight representative cities: Quito, Guayaquil, Cuenca, Machala, Esmeraldas, Manta, Ambato and Loja, which account for 67.44 percent of the urban population of the country. This page contains – Ecuador Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Read Article-Graphs and Charts

Share This Story
  • Print
  • Digg
  • StumbleUpon
  • Facebook
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
  • Add to favorites
  • email