Inflation in Ecuador
Ecuador - Inflation
Inflation picks up in January
Consumer prices increased 0.47% over the previous month in January, following a 0.10% month-on-month rise in December. Prices for food and non-alcoholic beverages recorded the biggest upturn in prices, followed by transport. On the other hand, prices for health, and recreation and culture declined the most.
Inflation also picked up, rising to 0.5% in January from 0.3% in December. Consumer prices returned to growth for the first time in over a year in September. Meanwhile, the annual average variation in consumer prices remained at minus 0.2% in January.
Ecuador Inflation Forecast
Panelists participating in the LatinFocus Consensus Forecast expect inflation of 1.2% in 2019, which is unchanged from last month’s estimate. The panel projects inflation inching up to 1.3% 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 |
Ecuador Inflation Chart
Source: Central Bank of Ecuador and FocusEconomics calculations.
Ecuador Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 25,000 | 0.0 % | Mar 11 |
| Stock Market | 1,405 | 0.17 % | Mar 11 |
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Economic News
Ecuador: Economic activity sustains a healthy pace of expansion at the outset of the year
March 18, 2019
According to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador, economic activity picked up slightly at the start of the year, rising 4.7% over the same month of the previous year.
Ecuador: Economic activity accelerates in December
February 14, 2019
According to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador, economic activity accelerated for the tenth month running in December, expanding 6.6% over the same month of the previous year.
Ecuador: Inflation picks up in January
February 8, 2019
Consumer prices increased 0.47% over the previous month in January, following a 0.10% month-on-month rise in December.
Ecuador: Economic activity growth climbs to over four-year high in November
January 18, 2019
According to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador, economic activity gained strength for the ninth consecutive month in November, growing 5.9% over the same month of the previous year.
Ecuador: Inflation inches down in December
January 7, 2019
Consumer prices rose 0.10% over the previous month in December, after declining 0.25% month-on-month in November.
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