Ecuador Inflation


Ecuador: Inflation rises to five-month high in February

March 5, 2015

In February, consumer prices rose 0.61% over the previous month, which followed the 0.59% increase tallied in January. February’s result marked the highest reading in five months. The increase in consumer prices mainly resulted from higher prices for transportation, as well as for housing, water, electricity, gas and other fuels.

Annual headline inflation rose from 3.5% in January to 4.1% in February, which marked the highest rate in five months. Meanwhile, annual average inflation inched up from 3.6% in January to 3.7% in February.

FocusEconomics Consensus Forecast panelists foresee inflation at 3.2% 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: Teresa Kersting, Economist

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Ecuador Inflation Chart

Ecuador Inflation February 2015

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

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