Inflation in Ecuador

Ecuador Inflation | Economic News & Forecasts

Ecuador - Inflation

Inflation moderates in July

Consumer prices rose 0.16% over the previous month in July, which was below the 0.65% increase recorded in June. July's result marked the weakest reading since March. The result was driven by moderating price pressures for transportation and easing price pressures for clothing and footwear.

Inflation came in at 3.9% in July, down from June’s 4.2%. Annual average inflation rose to 2.5% in July (June: 2.2%).

FocusEconomics panelists see inflation ending 2022 at 3.1%, which is up 0.3 percentage points from last month’s forecast. For 2023, they project year-end inflation at 1.7%.

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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