Mountains in Ecuador

Ecuador Inflation July 2023

Ecuador: Inflation rises in July

Inflation increased to 2.1% in July from June’s 1.7%. Looking at the details of the release, the change in prices for transportation plunged in July. However, prices for food and non-alcoholic beverages increased at a faster pace. Meanwhile, clothing and footwear prices dropped at a more pronounced rate.

The trend pointed down mildly, with annual average inflation coming in at 3.0% in July (June: 3.2%).

Lastly, consumer prices rose 0.54% from the previous month in July, accelerating from the 0.37% increase logged in June. July’s uptick marked the highest reading since June 2022.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest