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Monthly Ecuadorian Inflation Data by Income Strata
Government & Civic Records
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About
The Consumer Price Index (IPC) for Ecuador is a key monthly national indicator. It measures temporal changes in the general price level for the final consumption of goods and services used by households. The data focuses on urban areas across nine cities and segments households based on high, medium, and low income strata. This indicator provides essential information for tracking inflation and the cost of living dynamics within the country.
Columns
The dataset contains seven distinct fields detailing economic and political metrics:
- GOBIERNO: Identifies the name of the president who was governing Ecuador during the indicated month.
- MES: Specifies the recorded month.
- YEAR: Represents the year of the record. Further detail regarding the total count of values for this field is not available.
- COSTO_CANASTA: The cost of the basic basket of goods, measured in US Dollars (USD). Recorded values range from approximately 12.00 USD up to 6,000 USD.
- INGRESO_FAMILIAR_MENSUAL: The average monthly family income, recorded in USD. Values range from 1 USD up to approximately 6,720 USD.
- RESTRICCION_O_EXCEDENTE_EN_EL_CONSUMO: Calculated restriction or surplus in consumption, derived as cost minus income (USD). Note: All records (100%) in this column are currently missing.
- RESTRICCION_EXCENDENTE_PORCENTUAL: The percentage of restriction or surplus in consumption. Note: All records (100%) in this column are currently missing.
Distribution
The data is provided in a Tabular format, stored in the file DATOS_CANASTA_BASICA.csv. The file size is 21.59 kB and consists of seven columns. The data includes 384 total values for the GOBIERNO column. This dataset is expected to be updated on a monthly basis.
Usage
This data is suitable for monitoring inflation trends and analysing the cost of living. It can be used for economic modelling, tracking changes in consumer purchasing power, and evaluating the economic impact of different presidential terms. The high usability score (10.00) makes it ideal for educational projects or new analysts.
Coverage
Coverage is national, focused on the urban area of Ecuador across nine major cities. The data specifically stratifies information by household income level: high, medium, and low. The temporal scope is tracked by linking the economic metrics to the name of the president governing during the month.
License
Attribution 4.0 International (CC BY 4.0)
Who Can Use It
Intended users include government statisticians, economic researchers analysing price indices in Latin America, financial journalists reporting on Ecuadorian markets, and university students focusing on development economics.
Dataset Name Suggestions
- Ecuador Consumer Price Index (IPC) and Basic Basket Costs
- Monthly Ecuadorian Inflation Data by Income Strata
- Cost of Living in Urban Ecuador
Attributes
Original Data Source: Monthly Ecuadorian Inflation Data by Income Strata
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