Ecuador Inflation April 2020

Ecuador

Ecuador: Inflation hits highest level since May 2017

May 8, 2020

Consumer prices increased 1.00% from the previous month in April, accelerating from the 0.20% rise seen in March. April's figure marked the sharpest monthly increase in prices since September 2012 and largely reflected higher prices for food and non-alcoholic beverages.

Inflation came in at 1.0% in April, up from March’s 0.2%. April's figure was the highest inflation rate since May 2017. Annual average inflation ticked up to 0.3% in April (March: 0.2%).

FocusEconomics panelists project consumer prices to fall 0.3% by end-2020, while they see them rising 0.9% at end-2021.


Author:, Economist

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Ecuador Inflation March 20 20 0

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


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