Ecuador Posts 0.03% Price Rise For July

Ecuador registered inflation of 0.03% last month, compared with June, according to the national statistics institute, INEC. This took inflation for the year through July to 1.57% and 12-month inflation to 2.99%. Leading the rise in prices was transport (0.02%), accommodation (0.02%), utilities and energy (0.2%) and clothing and footwear (0.01%). The rise in the CPI in July followed two consecutive months of deflation: June -0.23% and May -0.14%.