In January, consumer prices increased 0.68% over the previous month, which was above the 0.51% increase recorded in December. The main drivers behind the monthly price rise were higher prices for food and alcoholic beverages, which rose 1.21% over December, as well as for clothing (+0.93% month-on-month). Despite the monthly increase, annual headline inflation inched down from December's 3.3% to 3.2% in January. The trend suggests a moderation in inflation, as the annual average inflation dropped from December's 3.6% to 3.4%.
Inflation moderates in January
February 7, 2011
Looking for forecasts related to Inflation in Ecuador? Download a sample report now.
Ecuador Economic News
October 11, 2016
In August, economic activity recorded an annual contraction of 2.8%, according to the monthly indicator for economic activity (IDEAC, Índice de Actividad Económica Coyuntural).
October 7, 2016
In September, consumer prices rose 0.15% over the previous month, contrasting August’s 0.16% decrease.
October 3, 2016
The Ecuadorian economy performed slightly better in the second quarter, the result of gradually improving oil prices and an increase in crude output.
September 8, 2016
In July, economic activity plummeted and recorded the largest contraction in over ten years.
September 6, 2016
In August, consumer prices fell 0.16% over the previous month, the lowest reading in over three years.