Inflation in Ecuador
Ecuador - Inflation
Inflation increases in September
Inflation came in at 4.1% in September, which was up from August’s 3.8%. Looking at the details of the release, prices for transportation grew at a weaker pace in September, although prices for food and non-alcoholic beverages grew. Meanwhile, clothing and footwear prices declined at a milder pace.
The trend pointed up, with annual average inflation coming in at 3.0% in September (August: 2.7%).
Finally, consumer prices rose 0.36% in September over the previous month, picking up from the 0.03% rise seen in August.
FocusEconomics panelists see inflation ending 2022 at 3.6%, which is down 0.4 percentage points from last month’s forecast. For 2023, they project year-end inflation at 2.0%.
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|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
October 17, 2022
Economic activity grew 7.2% compared to the same month of the previous year in August, which was above July's 1.2% increase.
October 7, 2022
Inflation came in at 4.1% in September, which was up from August’s 3.8%.
September 15, 2022
Economic activity growth softened further in annual terms in July, increasing 1.2% year on year (June: +4.3% yoy).
September 6, 2022
Inflation came in at 3.8% in August, which was down from July’s 3.9%.
August 18, 2022
Economic activity rose 4.3% year on year in June, which was a deterioration from May's 12.4% increase.