Ecuador: Inflation edges up in November
Latest reading: Inflation inched up to 1.5% in November from October’s 1.4%, remaining the lowest among the Latin American countries. Looking at the details of the release, food prices increased for the first time in four months, outweighing milder price pressures for transportation.
Meanwhile, annual average inflation remained at October’s 1.6% in November.
Lastly, consumer prices dropped 0.26% in November over the previous month, a sharper fall than October’s 0.24% decline. November’s result marked the weakest reading since June.