Ecuador Inflation

Ecuador

Ecuador: Inflation increases in June

July 6, 2015

In June, consumer prices rose 0.41% over the previous month, which followed the 0.18% increase tallied in May. Higher prices for food and alcoholic beverages and transportation were the largest contributors to the result, followed by prices for furniture and household items.

Headline inflation ticked up from 4.6% in May to 4.9% in June. Annual average inflation also saw a marginal increase as it ticked up from May’s 4.0% to 4.1% in June.

FocusEconomics Consensus Forecast panelists foresee inflation at 3.9% at the end of 2015, which is unchanged from last month’s estimate. In 2016, FocusEconomics Consensus Forecast participants expect inflation to increase to 3.7%.


Author:, Economist

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Ecuador Inflation Chart


Ecuador Inflation June 2015

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


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