Ecuador

The economy expanded 2.7% in Q305. However, on a quarterly basis growth slowed to 0.5% q-o-q. This is largely explained by a decline in oil production thanks to strike action in... 2006-02-20

CPI increased 4.4% y-o-y in December, only slightly above our forecast of 4.2% . Compared to 2004 when inflation was just 1.95%, this is high, exceeding the government’s target... 2006-01-24

Political noise continues to emanate from Ecuador. In January President Alfredo Palacio called an extraordinary session in Congress to attempt to convince legislators of the need... 2006-01-24

Inflation climbed to 3.9% y-o-y in October, its highest level since March 2004, as prices continued on their upward trend. These data cast serious doubt on the likelihood that the... 2005-12-12

Ecuador has elected a new Supreme Court, in a move that is hoped to bring greater stability to the country. An independent four-member committee, appointed in June, elected 29 men... 2005-12-06

On November 29 Ecuador’s Congress voted in favour of the Budget Commission’s proposed amendments to the 2006 budget. The Commission had called for the re-classification of oil... 2005-11-30

The unemployment rate fell to 10.75% in September, from 11.28% registered in the same month of 2004. Meanwhile, underemployment - the percentage of Ecuadorians employed in the informal... 2005-11-14

A survey conducted by Cedatos-Gallup and published on October 29 shows that 52% of respondents favour the establishment of a constituent assembly. The assembly would have the power... 2005-11-11

President Palacio has decided to by-pass Congress and move ahead with a national referendum on his proposal for a constituent assembly.