Ecuador Inflation March 2022

Ecuador

Ecuador: Inflation eases slightly in March, but remains relatively elevated

April 6, 2022

Consumer prices rose 0.11% over the prior month in March, following February’s 0.23% increase. Looking at the details of the press release, prices for food and non-alcoholic beverages increased at a slower pace, while prices for transport also rose at a softer rate.

Inflation eased slightly to 2.6% in March from 2.7% in February. Accordingly, the annual average inflation increased, coming in at 1.1%, following February’s 0.7%.

FocusEconomics panelists project inflation to end 2022 at 1.4%, which is up 0.1 percentage points from last month’s estimate and at 1.2% in 2023.


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Ecuador Inflation Chart


Ecuador Inflation March 2022

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


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