Inflation in Ecuador
Ecuador - Inflation
Inflation returns in April
Consumer prices returned to growth at the outset of the second quarter, rising 0.17% over the previous month in April. This contrasts a 0.21% month-on-month decline in March. Higher education prices led the increase, followed by increased health and transport costs. Meanwhile, prices for recreation and culture fell by the biggest magnitude.
Inflation came in at 0.2% in April, after consumer prices, on an annual basis, fell 0.1% in March. Escalating U.S.-China trade tensions has weakened the dollar and exerted upward pressure on prices. Meanwhile, the annual average variation in consumer prices remained at minus 0.1% in April.
Ecuador Inflation Forecast
Panelists participating in the LatinFocus Consensus Forecast expect inflation of 1.3% in 2019, which is down 0.2 percentage points from last month’s estimate. The panel projects inflation inching up to 1.4% 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 % | May 13 |
| Stock Market | 1,361 | 0.17 % | May 13 |
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Economic News
Ecuador: Economic activity decelerates slightly in March
May 15, 2019
Economic activity grew 2.0% over the same month of the previous year in March, according to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador.
Ecuador: Inflation returns in April
May 13, 2019
Consumer prices returned to growth at the outset of the second quarter, rising 0.17% over the previous month in April.
Ecuador: Economic activity accelerates slightly in February
April 16, 2019
Economic activity grew 4.8% over the same month of the previous year in February, according to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador.
Ecuador: Consumer prices, on an annual basis, fall in March on a stronger dollar
April 8, 2019
Consumer prices fell 0.21% over the previous month in March, a slightly softer drop compared to February’s 0.23% month-on-month decline.
Ecuador: Economy grows at weakest pace in two years in Q4 2018
March 29, 2019
Ecuador’s economy lost traction in the final quarter of last year, with annual GDP growth falling to 0.8% from the previous quarter’s revised 1.5% (previously reported: +1.4% year-on-year), marking the weakest expansion in two years.
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