Ecuador Inflation September 2022

Ecuador

Ecuador: Inflation increases in September

October 7, 2022

Inflation came in at 4.1% in September, which was up from August’s 3.8%. Looking at the details of the release, prices for transportation grew at a weaker pace in September, although prices for food and non-alcoholic beverages grew. Meanwhile, clothing and footwear prices declined at a milder pace.

The trend pointed up, with annual average inflation coming in at 3.0% in September (August: 2.7%).

Finally, consumer prices rose 0.36% in September over the previous month, picking up from the 0.03% rise seen in August.

FocusEconomics panelists see inflation ending 2022 at 3.6%, which is down 0.4 percentage points from last month’s forecast. For 2023, they project year-end inflation at 2.0%.


Author:

Sample Report

Looking for forecasts related to Inflation in Ecuador? Download a sample report now.

Download

Ecuador Inflation Chart


Ecuador Inflation September 2022 0

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


Ecuador Economic News

More news

Search form