Ecuador Monthly Costs for Basic Basket of Goods, Family of four

BASIC BASKET OF GOOD FOR FAMILY OF FOUR IN ECUADOR NOVEMBER 2016
COST IS $ 692.56
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NATIONAL INSTITUTE OF STATISTICS AND CENSUS – INDEX OF PRICES TO THE CONSUMER.
ANALYTICAL BASKETS
BASIC FAMILY BASKET AND VITAL FAMILY BASKET
OF THE DOLLARIZED ECONOMY
NOVEMBER 2016
Analytical baskets consist of about 75 to 359 products
make up the basket of goods (goods and services), the Consumer Price Index (CPI).
They refer to a 4-member type home, with 1.60 recipients
Unified basic remuneration.
The products that make up these analytical baskets are considered to be essential for
Satisfy the basic needs of the household considered in: food and beverages; living place;
dress; And, miscellaneous.
Analytical synthesis of the baskets in the study month
For this month, the Basic Family Basket, defined in November 1982, has a cost of
$ 692.56, while the Vital food basket defined in January 2007, reached a cost
of $ 497.35.
These costs, compared to Family Income 1 month of $ 683.20 recipients obtained with 1.60
Unified basic remuneration, pose a restriction on consumption of $ 9.36, this is the
1.35% of the actual cost of the basic food basket; and a recovery in consumption 185.85
USD, that is 37.37% of the current cost of Vital food basket.
As a result, with their Family Budget, Urban Homes acquired the Canasta
Basic, with the limitation that the purchasing power of the family income available was
1.35% insufficient.
1
The calculation of the monthly household income does not include the monthly reserve funds.
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THINKING OF MOVING TO ECUADOR READ THIS BOOK 100 POINTS TO CONSIDER BEFORE MOVING OR RETIRING IN ECUADOR
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NATIONAL INSTITUTE OF STATISTICS AND CENSUS – INDEX OF PRICES TO THE CONSUMER.
Prohibited total or partial reproduction without citing the source.
Unified Basic Compensation 1 /.
$ 366.00
Total Minimum Income
$ 366.00
1/12 Thirteenth Remuneration
$ 30.50
1/12 Fourteenth Remuneration 2 /.
$ 30.50
Minimum Monthly Total Income of a Perceptor
$ 427.00
$ 683.20
2/. Fourteenth Remuneration. Official registration No. 117 of July 2013. Law
Reformulation of Article 113 of the Labor Code.
FAMILY INCOME AVAILABLE FROM THE MONTH
(1.60 PERCEPTORS OF UNIFIED BASIC REMUNERATION)
NOVEMBER – 2016
Monthly family income of 1.60 people
Unified sectoral remuneration.
1/. The Unified Basic Salary for workers in general increases to
Starting on January 1, 2016, according to the Agreement of the Ministry of Labor No. MDT-
2015-0291 of December 21, 2015; Published in Official Gazette Primer
Supplement No. 658 dated December 29, 2015. READ ARTICLE