Mountains in Ecuador

Ecuador Inflation September 2020

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

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%.

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