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Ecuador: Government meets single-digit inflation target for 2002.
(From BBC Monitoring International Reports)
Satelital radio web site on 30 December
Quito: According to a report issued yesterday by the National Institute of Statistics and Census (INEC), the government's goal of ending the year with single-digit inflation was achieved.
The director of the institute, Carlos Cortez, told the press that the annual inflation rate came to 9.36 per cent, suggesting that the outgoing administration's goal had been reached. The official said that inflation fell in December, reaching 0.35 per cent as opposed to last month's 0.69 per cent.
Cortez stated ...
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- Single digit inflation forecast. (Bank Hapoalim)
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Economists of Bank Hapoalim are predicting single digit inflation for 1992. The economists expect to end the year with the rate below 10 percent unless the U.S. dollar gains considerable strength...
