Ecuador Inflation March 2021

Ecuador

Ecuador: Consumer prices drop annually in March

April 7, 2021

Consumer prices rose 0.18% from the previous month in March, following the 0.08% increase in February, logging the highest reading in nearly a year. March’s result largely reflected higher prices for food and non-alcoholic beverages, as well as for transport.

Consumer prices fell 0.8% in annual terms in March, matching February’s decline. Similarly, the annual average variation in consumer prices came in at February’s minus 0.5% in March.

FocusEconomics panelists project inflation to end 2021 and 2022 at 0.9% and 1.1%, respectively.


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Ecuador Inflation Chart


Ecuador Inflation March 2021

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


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