Inflation in Ecuador

Ecuador Inflation | Economic News & Forecasts

Ecuador - Inflation

Inflation returns in April

Consumer prices returned to growth at the outset of the second quarter, rising 0.17% over the previous month in April. This contrasts a 0.21% month-on-month decline in March. Higher education prices led the increase, followed by increased health and transport costs. Meanwhile, prices for recreation and culture fell by the biggest magnitude.

Inflation came in at 0.2% in April, after consumer prices, on an annual basis, fell 0.1% in March. Escalating U.S.-China trade tensions has weakened the dollar and exerted upward pressure on prices. Meanwhile, the annual average variation in consumer prices remained at minus 0.1% in April.

Ecuador Inflation Forecast

Panelists participating in the LatinFocus Consensus Forecast expect inflation of 1.3% in 2019, which is down 0.2 percentage points from last month’s estimate. The panel projects inflation inching up to 1.4% at the end of 2020.

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 %May 13
Stock Market1,3610.17 %May 13

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