Índice de precios al consumidor y salario básico unificado: una revisión para Ecuador, periodo 2009-2021.

Abstract

In this document, a descriptive analysis of price stability is carried out using the consumer price index (CPI) with wages 2009 - 2021 in the context of Ecuador. The research includes a diversity of elements that determine how and why prices have increased in the country, this topic benefits all agents of an economy, since everything as a whole is affected by the loss of the real value of their income. ; however, the most vulnerable population is the low-income one who tends to purchase fewer products. The general objective is the following: Analyze the increase in the Consumer Price Index (CPI) and its impact on the unified basic salary (SBU) through a descriptive process to visualize what its possible causes and effects are. The methodology used responds to a descriptive-analytical investigation; the research has a quantitative approach; the technique is documentary-bibliographical, while the population is made up of information relevant to prices and the unified basic salary, statistical data on the behavior of the variables. The results support the idea that monetary policy is an important tool to control inflation in Ecuador. Monetary policy can adjust the money supply, the interest rate and stabilize the economic cycle to control inflation in the country, which suggests that monetary policy can be effective in controlling inflation in Ecuador.