Ecuador Inflation September 2020

Ecuador

Ecuador: Consumer prices dip at steepest annual pace in over two years in September

October 6, 2020

Consumer prices fell 0.16% over the last month in September, which was softer than 0.32% drop logged in August. September’s result mainly reflected declining prices for food and non-alcoholic beverages, and education.

Consumer prices fell 0.9% on an annual basis in September, more sharply than August’s 0.8% dip and marking the steepest decline since May 2018. Meanwhile, annual average inflation came in flat in September, down from August’s 0.1%.

FocusEconomics panelists project consumer prices to fall 0.2% by end-2020, while they see them rising 0.7% at end-2021.


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Ecuador Inflation September 20 20

Note: Annual and monthly variation of consumer price index in %.
Source: National Statistical Institute.


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