Inflation in Ecuador

Ecuador Inflation | Economic News & Forecasts

Ecuador - Inflation

Consumer prices dip in annual terms in December

Consumer prices were stable over the previous month in December, following their 0.5% drop in November. Prices for food and non-alcoholic beverages, and restaurants and hotels fell, while prices for recreation and culture, and transport rose.

Meanwhile, consumer prices fell 0.1% in December, following November’s flat reading. Lastly, the annual average variation in consumer prices remained at 0.3% in December.

Panelists participating in the LatinFocus Consensus Forecast expect inflation to end 2020 at 0.7%, which is unchanged from last month’s estimate. The panel projects inflation ending 2021 at 1.2%.

Ecuador - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)2.7  3.6  4.0  1.7  0.4  

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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

Exchange Rate25,0000.0 %Dec 31

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