Inflation in Ecuador

Ecuador Inflation | Economic News & Forecasts

Ecuador - Inflation

Inflation jumps in October

Consumer prices increased 0.21% over the previous month in October, accelerating from September’s 0.02% rise. The increase was chiefly driven by higher price pressures for food and non-alcoholic beverages as well as for transportation.

Inflation accelerated to 1.5% in October from 1.1% in September, logging the highest inflation rate since August 2016. Accordingly, the annual variation in consumer prices improved, coming in at minus 0.3%, following September’s minus 0.6%.

FocusEconomics panelists project inflation to end 2022 at 1.3%, which is up 0.2 percentage points from last month’s estimate and at 1.3% again in 2023.

Ecuador - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)4.0  1.7  0.4  -0.2  0.3  

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Ecuador Inflation Chart

Ecuador Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Bank of Ecuador and FocusEconomics calculations.

Ecuador Facts

Value Change Date
Exchange Rate25,0000.0 %Dec 31

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