Ecuador's annual inflation rose to 1.34% in the year to September, up from 1.12% in August, according to the statistics office INEC, which published the data on 15 October. Prices rose 0.30% in the month, driven mainly by food, which climbed 1.14%, while fuel fell 1.54%. The national family basket cost US$833.82 a month for four people, against a monthly minimum wage of US$482. Because Ecuador uses the US dollar, the index directly reflects living costs in dollars.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Ecuador Inflation Hits 1 . 34 % in September
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