Inflation in Ecuador
Ecuador - Inflation
Inflation slides in August
Consumer prices declined 0.1% in August, contrasting a 0.1% rise in July. Higher healthcare costs led the upturn, followed by increased prices for recreation and culture, and communication. These more than offset a decline in the prices for food and non-alcoholic beverages, and transport.
Meanwhile, inflation slid to 0.3% in August from 0.7% in July. Lastly, the annual average variation in consumer prices remained at 0.3% in August.
Panelists participating in the LatinFocus Consensus Forecast expect inflation of 0.4% in 2019, which is unchanged from last month’s estimate. The panel projects rising to 0.9% at the end of 2020.
Ecuador - Inflation Data
|Inflation Rate (CPI, annual variation in %)||2.7||3.6||4.0||1.7||0.4|
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 %||Sep 04|
|Stock Market||1,329||0.17 %||Sep 04|
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.
September 5, 2019
Consumer prices declined 0.1% in August, contrasting a 0.1% rise in July.
August 21, 2019
Economic activity rose 2.2% over the same month of the previous year in June, according to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador.
August 6, 2019
Consumer prices rose 0.1% in July, after coming in flat in June.
July 12, 2019
Economic activity rose 1.9% over the same month of the previous year in May, according to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador.
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.