Inflation in Ecuador

Ecuador Inflation | Economic News & Forecasts

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

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)2.7  3.6  4.0  1.7  0.4  

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Ecuador Inflation Chart

Ecuador Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Bank of Ecuador and FocusEconomics calculations.

Ecuador Facts

Exchange Rate25,0000.0 %Jan 14
Stock Market1,4110.17 %Jan 14

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