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What Do Ecuadorians Spend Their Money on? Food Continues to Lead the Family Budget
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What to Know Households spend 22.2 per cent of their monthly spending on food and non-alcoholic beverages, equivalent to more than $778 million each month.Transport represents 12.9 per cent of national spending, while restaurants and accommodation reach 9.4 per cent. Internet spending, entertainment and personal mobility are also growing.The average size of families fell to 3.3 people and 71.2 per cent of households have incomes higher than thei…
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