Inflation in Ecuador

Ecuador Inflation | Economic News & Forecasts

Ecuador - Inflation

Inflation edges up in December

Consumer prices rose 0.07% over the prior month in December, following December’s 0.36% increase. Looking at the details of the press release, prices for transportation rose at a softer rate, while prices for food and non-alcoholic beverages cooled over the prior month.

Inflation accelerated to 1.9% in December from 1.8% in October, the joint-highest inflation rate since April 2016. Accordingly, the annual variation in consumer prices increased, coming in at 0.1%, following November’s minus 0.1%.

FocusEconomics panelists project inflation to end 2022 at 1.4%, which is up 0.1 percentage points from last month’s estimate and at 1.2% in 2023.

Ecuador - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)4.0  1.7  0.4  -0.2  0.3  

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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

Value Change Date
Exchange Rate25,0000.0 %Dec 31

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