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INEC: “2013 closes with 2.7% inflation”

Posted On 08 Jan 2014

The 2013 had a rate of price growth of 2.70%, ranking as the lowest level of annual inflation for the last eight years, as reported by the National Institute of Statistics and Census (INEC for its Spanish acronym).

However, according to official projections, inflation will rise in 2014, as President Rafael Correa, in his weekly broadcast of last Saturday, said the Consumer Price Index (CPI) this year will be 3,2% with a GDP growth between 4.5% and 5.1%.

The food and soft drinks heading is the largest contributor to monthly growth rates, with 35.26%, then comes the alcoholic beverages and cigarettes, with 22.02%.

2013 closes with 2.7% inflation

2013 closes with 2.7% inflation

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The European Union presented the CREA project, which will support the strengthening of exports with $4.7 million

Posted On 20 May 2022

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Posted On 20 May 2022

Ministry of Agriculture investigates disrespect for the official price of bananas

Posted On 19 May 2022
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