Análisis de la inflación en la economía ecuatoriana en el periodo 2010-2020

Abstract

The countries have a series of indicators to know the economic situation, with which they can make decisions through monetary and fiscal policies that they deem most convenient. One of these indicators is inflation, which allows knowing the supply and demand of products and services within the economy of a nation, measuring the purchasing power of its inhabitants. To measure inflation, the consumer price index is needed to determine the inflation rate, with which it can determine how the behavior has been in a given period. For the present work, the objective was to elaborate an analysis of inflation in the Ecuadorian economy in the period 2010-2020, with which its behavior and its affectation to the national economy can be known. The methodology used was descriptive for what was entered into government internet pages such as the National Institute of Census and Statistics (INEC) and the Central Bank of Ecuador (BCE) that contain statistical information with which the respective analysis could be carried out. As a result, it was obtained that inflation has remained in one digit in the decade from 2010 to 2020, where the highest rate was in 2011 with 5.41% and the lowest in 2020 with -0.93% due to the presence of the global pandemic caused by COVID-19, in which the products that most influenced were related to food and beverages, clothing, services, restaurants and hotels.