Ecuador’s inflation rate as of the end of July stood at 0.71%. This was the fourth month in a row that the inflation index was positive, according to data released Tuesday by the National Institute of Statistics and Census (INEC). Among the products that rose in price in the last year are transportation, food and drink, education, healthcare, restaurants, alcoholic drinks and expenditures for basic services like water, electricity and others. Items that fell in price were recreation and culture, communications, home furnishings and clothing. INEC also indicated that the most expensive city in the Sierra was Cuenca and on…
Want to read the whole story?
Subscribe to The Cuenca Dispatch and gain full access to this story, weekly issues, plus the entire running archive! With your subscription, you will gain access to all the news you'll need concerning Ecuador as a United States expat.
Get access to our most read articles
- Cuenca expat scene is ‘changing before our eyes’
- Los Perniles
- Immerse yourself in Cuenca’s bountiful markets
- CRIME REPORT
- Ecuadorian named to Time magazine’s 100 most influential people list
- Cuenca identifies 7 most dangerous places to be a pedestrian in the city
- Global warming? Most of the hot air is generated by politicians
- IESS launches “primary care” concept to patients
- The American dream: The experience of an Ecuadorian woman who fell in love with your country.
- What should you bring to Cuenca?