Inflation in Ecuador

Ecuador Inflation | Economic News & Forecasts

Ecuador - Inflation

Inflation hits over four-year high in September

Consumer prices rose 0.02% over the previous month in September, cooling from August’s 0.12% increase. The result largely reflected a slower rise in prices for transportation. Meanwhile, the decline in prices for food and non-alcoholic beverages softened over the prior month.

Inflation accelerated to 1.1% from 0.9% August, logging the highest inflation rate since May 2017. Accordingly, the annual variation in consumer prices improved, coming in at minus 0.6%, following August’s minus 0.8%.

FocusEconomics panelists project inflation to end 2021 at 1.1%, which is up 0.3 percentage points from last month’s estimate and at 1.1% in 2022.

Ecuador - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)4.0  1.7  0.4  -0.2  0.3  

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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

Value Change Date
Exchange Rate25,0000.0 %Dec 31

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