Ecuador: Inflation increases in July
Inflation rose to 1.6% in July, following June’s 1.2%. The reading was driven by rising price pressures for transportation and clothing and footwear.
Annual average inflation ticked down to 1.8% in July (June: 1.9%).
Lastly, consumer prices rose 0.93% in July over the previous month, contrasting the 0.95% drop logged in June.