Inflation in Ecuador
Ecuador - Inflation
Inflation rises in June
Consumer prices decreased 0.04% in June, slightly down from May’s flat result, as lower food prices were only partly offset by higher costs for transport and healthcare.
Meanwhile, inflation climbed to 0.6% in June from 0.4% in May. Lastly, the annual average variation in consumer prices rose to 0.2% in June from 0.1% in May.
Panelists participating in the LatinFocus Consensus Forecast expect inflation of 0.7% in 2019, which is unchanged from last month’s estimate. The panel projects inflation inching up to 1.1% 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 % | Jul 11 |
| Stock Market | 1,335 | 0.17 % | Jul 10 |
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Economic News
Ecuador: Inflation rises in June
July 4, 2019
Consumer prices decreased 0.04% in June, slightly down from May’s flat result, as lower food prices were only partly offset by higher costs for transport and healthcare.
Ecuador: Economy grows at weakest pace since the 2016 recession in Q1
July 4, 2019
Growth decelerated for a second consecutive quarter in Q1, with annual GDP growth falling to 0.6% from the previous quarter’s 0.8%, marking the weakest expansion in two-and-a-half years.
Ecuador: Economic activity grows at marginally faster pace in April
June 12, 2019
Economic activity rose 2.7% over the same month of the previous year in April, according to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador.
Ecuador: Inflation rises in May
June 6, 2019
Consumer prices came in flat in May after rising 0.17% month-on-month in April. Prices for food and non-alcoholic beverages led the downturn, followed by healthcare.
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.
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