Ecuador Inflation March 2018

Ecuador

Ecuador: Consumer prices fall again in March

April 6, 2018

Consumer prices increased 0.06% over the previous month in March, a smaller upturn than February’s 0.15% month-on-month rise. Eight out of the twelve sub-components recorded a rise in prices, one registered a flat reading and the remaining three incurred a drop. Prices for food and non-alcoholic beverages increased the most, while prices for recreation and culture declined by the biggest magnitude over the previous month.

Consumer prices fell 0.2% over the same month of the previous year in March, following a 0.1% drop in annual terms in February. Annual average inflation came in at 0.2% in March, mirroring February’s reading.

Panelists participating in the LatinFocus Consensus Forecast expect inflation of 1.3% in 2018, unchanged from last month’s estimate. The panel projects inflation accelerating to 2.0% at the end of 2019.


Author:, Economist

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Ecuador Inflation Chart


Ecuador Inflation March 2018

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


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