Inflation in Ecuador

Ecuador Inflation (eop) | Economic News & Forecasts

Ecuador - Inflation (end of period)

Inflation increases in September

Inflation came in at 4.1% in September, which was up from August’s 3.8%. Looking at the details of the release, prices for transportation grew at a weaker pace in September, although prices for food and non-alcoholic beverages grew. Meanwhile, clothing and footwear prices declined at a milder pace.

The trend pointed up, with annual average inflation coming in at 3.0% in September (August: 2.7%).

Finally, consumer prices rose 0.36% in September over the previous month, picking up from the 0.03% rise seen in August.

FocusEconomics panelists see inflation ending 2022 at 3.6%, which is down 0.4 percentage points from last month’s forecast. For 2023, they project year-end inflation at 2.0%.

Ecuador - Inflation (eop) Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %, eop)3.4  1.1  -0.2  0.3  -0.1  

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Ecuador Inflation (eop) 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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