From 2002 to 2004, inflation of consumer prices in Ecuador have dropped, from 12.4% in 2002 to 2.74% two years later. It remained stable for the next three years, at 2.61% on average (2004-2007). In 2008, it peaked to reach 8.4%. Finally, since 2009, inflation of consumer prices has remained stable, at 4.12% on average.
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