Ecuador

Ecuador experienced deflation again in May (the same occurred in March) as consumer prices fell by 0.14% m-o-m. This brings annual inflation down even further from February's 5.31%... 2006-07-14

The oil fields seized from US oil Company Occidental Petroleum (Oxy) will not be operated by another foreign oil company, but rather by the government. BMI View: we have some reservations... 2006-06-28

BMI View: Consumer prices in Ecuador rose by just 0.07% m-o-m in April following a 0.65% decline in March. This brings annual inflation down to 3.77% from 4.38% y-o-y in March. However... 2006-06-14

According to Ecuador's central bank, oil exports totalled US$2.4bn in the first four months of 2006, compared to just US$1.5bn in the same period of 2005. Boosting these figures are... 2006-06-14

Crude oil production fell in February to a monthly average of around 386bpd, down form 414bpd in January. Strike action and protesters demanding a larger share of windfall oil profits... 2006-05-19

Talks have been stalled since late March in the face of growing protests from the Confederation of Indigenous Nationalists of Ecuador (CONAIE). CONAIE's latest campaign targeted not... 2006-05-16

The primary surplus came in at US$1.07bn in 2005 (3.2% of GDP), having narrowed from US$1.48bn in 2004. This fell well below the government's 4% of GDP target, reflecting the deterioration... 2006-04-20

Ecuador's weakened government, which appears increasingly vulnerable to the demands of indigenous protesters, has suspended free-trade talks with the US. A state of emergency was... 2006-04-13

Consumer prices in Ecuador rose by 0.79% m-o-m in February, and by 5.31% y-o-y. This is the tenth consecutive monthly increase in the annualised data, and our concerns over the issue... 2006-03-20

The former president left Ecuador last April after Congress voted to dismiss him on the grounds that he had abandoned his constitutional duties (a slightly dubious claim at the time... 2006-03-15