Inflation in Ecuador
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 |
Ecuador Inflation Chart
Source: Central Bank of Ecuador and FocusEconomics calculations.
Ecuador Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 25,000 | 0.0 % | Dec 31 |
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Economic News
Ecuador: Economic activity contracts in November
January 14, 2020
In November, economic activity fell 0.3% over the same month of 2018, according to the monthly economic activity indicator (IDEAC) released by the Central Bank of Ecuador.
Ecuador: Consumer prices dip in annual terms in December
January 7, 2020
Consumer prices were stable over the previous month in December, following their 0.5% drop in November.
Ecuador: Economy contracts for the first time in three years in Q3
January 2, 2020
The economy contracted for the first time since Q3 2016 in the third quarter as GDP fell 0.1% on an annual basis, contrasting the revised 0.6% expansion in the second quarter (previously reported: +0.3% year-on-year).
Ecuador: Economic activity falls to over three-year low in October
December 17, 2019
In October, economic activity fell 0.6% over the same month of the previous year, according to the monthly economic activity indicator (IDEAC) released by the Central Bank of Ecuador.
Ecuador: Inflation flat in November
December 5, 2019
Consumer prices fell 0.7% over the previous month in November (October: 0.5%), largely reflecting lower prices for transport and food and non-alcoholic beverages.
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