Ecuador Inflation

Ecuador

Ecuador: Inflation increases in May

June 8, 2015

In May, consumer prices rose 0.18% over the previous month, which followed the 0.84% increase tallied in April and marked the smallest increase in five months. Higher prices for food and alcoholic beverages were the largest contributor to the result, followed by prices for recreation and culture.

Headline inflation ticked up from 4.3% in April to 4.6% in May. Annual average inflation inched up from April’s 3.9% to 4.0% in May.

FocusEconomics Consensus Forecast panelists foresee inflation at 3.6% at the end of 2015, which is unchanged from last month’s estimate. In 2016, FocusEconomics Consensus Forecast participants expect inflation to increase to 3.6%.


Author:, Economist

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Ecuador Inflation Chart


Ecuador Inflation mAY 2015

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


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