Deflation presents a new phenomenon for Ecuador

Published on January 06, 2021
Since 2001—after dollarization—inflation in Ecuador has fallen drastically. Before dollarization, with the sucre currency, inflation in the 90s was around 40%. And now, in 2020, there was actually deflation, a relatively strange phenomenon in a country that had always been used to periods of high inflation. According to economic analyst Luis Espinosa Goded, what has […]

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