Inflation in Ecuador
Ecuador - Inflation
Inflation hits over four-year high in September
Consumer prices rose 0.02% over the previous month in September, cooling from August’s 0.12% increase. The result largely reflected a slower rise in prices for transportation. Meanwhile, the decline in prices for food and non-alcoholic beverages softened over the prior month.
Inflation accelerated to 1.1% from 0.9% August, logging the highest inflation rate since May 2017. Accordingly, the annual variation in consumer prices improved, coming in at minus 0.6%, following August’s minus 0.8%.
FocusEconomics panelists project inflation to end 2021 at 1.1%, which is up 0.3 percentage points from last month’s estimate and at 1.1% in 2022.
Ecuador - Inflation Data
|Inflation Rate (CPI, annual variation in %)||4.0||1.7||0.4||-0.2||0.3|
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 %||Dec 31|
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October 7, 2021
Consumer prices rose 0.02% over the previous month in September, cooling from August’s 0.12% increase.
September 30, 2021
The economy bounced back in the second quarter, growing 8.4% in annual terms and contrasting the prior quarter’s 5.4% contraction. The rebound was attributed to firming domestic demand.
September 13, 2021
Economic activity expanded a robust 19.2% in annual terms in July, coming above June’s 16.0% increase.
September 6, 2021
Consumer prices rose 0.12% over the previous month in August, cooling from July’s 0.53% increase.
August 12, 2021
Economic activity grew 15.9% in annual terms in June, easing from May’s 29.0% surge, largely due to a less favorable base effect.