Ecuador Inflation


Ecuador: Inflation drops further in August

September 4, 2015

In August, consumer prices were unchanged over the previous month, which was up from the 0.08% drop seen in July. Lower prices for communication as well as for clothing were offset by higher prices for food and non-alcoholic beverages as well as for transportation.

Inflation dropped from 4.4% in July to 4.1% in August, thus hitting a five-month low. Annual average inflation was steady at July’s reading of 4.1% in August, thereby maintaining the highest figure since May 2013.

FocusEconomics Consensus Forecast panelists foresee inflation at 4.0% at the end of 2015, which is unchanged from last month’s estimate. In 2016, FocusEconomics Consensus Forecast participants expect inflation to decrease to 3.7%.

Author:, Economist

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Ecuador Inflation Chart

Ecuador Inflation August 2015

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

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