Inflation in Ecuador
Ecuador - Inflation
Inflation inches down in December
Consumer prices rose 0.10% over the previous month in December, after declining 0.25% month-on-month in November. Prices for recreation and culture rose the most, followed by transport. Meanwhile, prices for food and non-alcoholic beverages registered the biggest drop, followed by prices for restaurants and hotels.
Meanwhile, inflation inched down to 0.3% in December, from 0.4% in November. Consumer prices returned to growth for the first time in over a year in September. Meanwhile, the annual average variation in consumer prices was minus 0.2% in December, slightly up from November’s minus 0.3%.
Panelists participating in the LatinFocus Consensus Forecast expect inflation of 1.2% in 2019, which is up 0.3 percentage points from last month’s estimate. The panel projects inflation accelerating to 1.9% at the end of 2020.
Ecuador - Inflation Data
|Inflation Rate (CPI, annual variation in %)||2.7||3.6||4.0||1.7||0.4|
5 years of economic forecasts for more than 30 economic indicators.
Ecuador Inflation Chart
Source: Central Bank of Ecuador and FocusEconomics calculations.
|Exchange Rate||25,000||0.0 %||Jan 14|
|Stock Market||1,411||0.17 %||Jan 14|
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January 7, 2019
Consumer prices rose 0.10% over the previous month in December, after declining 0.25% month-on-month in November.
January 2, 2019
Ecuador’s economy accelerated slightly in the third quarter, with annual GDP growth edging up to 1.4%, from the second quarter’s 1.2% year-on-year expansion—the slowest since Q4 2016.
December 13, 2018
According to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador, economic activity accelerated in October, rising 4.5% over the same month of the previous year.
December 6, 2018
Consumer prices declined 0.25% over the previous month in November, after a 0.05% month-on-month fall in October.
November 16, 2018
According to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador, economic activity picked up in September, growing 4.8% over the same month of the previous year.