The annual inflation rate in Ecuador rose to 0.61 percent in June 2019 from 0.37 percent in the previous month. It was the highest inflation rate since May 2017, as prices went up further for food & non-alcoholic beverages (0.56 percent from 0.43 percent in May); transport (3.45 percent from 2.75 percent); housing & utilities (0.89 percent from 0.75 percent); and education (2.5 percent from 2.46 percent). Also, cost dropped less for clothing & footwear (-2.02 percent from -2.48 percent); recreation & culture (-0.45 percent from -2.23 percent); and communications (-0.67 percent from -0.8 percent). Meanwhile, cost of restaurants & hotels eased (0.28 percent from 0.38 percent) and prices declined at a faster pace for furnishing & household equipment (-1.45 percent from -1.15 percent); and miscellaneous goods & services (-1.23 percent from -1.03 percent). On a monthly basis, consumer prices went down 0.04 percent, after a 0.19 percent gain in May. Inflation Rate in Ecuador averaged 21.27 percent from 1970 until 2019, reaching an all time high of 107.87 percent in September of 2000 and a record low of -2.67 percent in April of 1970.

Inflation Rate in Ecuador is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Ecuador to stand at 1.20 in 12 months time. In the long-term, the Ecuador Inflation Rate is projected to trend around 1.70 percent in 2020, according to our econometric models.

Ecuador Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-04 04:30 PM Inflation Rate YoY Mar -0.12% 0.16% 0.2%
2019-05-08 02:00 PM Inflation Rate YoY Apr 0.19% -0.12% 0.1%
2019-06-06 02:00 PM Inflation Rate YoY May 0.37% 0.19% 0.3%
2019-07-05 02:00 PM Inflation Rate YoY Jun 0.61% 0.37% 0.6%
2019-08-06 02:00 PM Inflation Rate YoY Jul 0.61% 0.7%
2019-09-06 02:00 PM Inflation Rate YoY Aug
2019-10-08 02:00 PM Inflation Rate YoY Sep 0.8%


Ecuador Prices Last Previous Highest Lowest Unit
Inflation Rate 0.61 0.37 107.87 -2.67 percent [+]
Consumer Price Index CPI 105.45 105.48 106.17 0.01 Index Points [+]
Producer Prices 103.23 103.87 104.60 11.10 Index Points [+]
Producer Prices Change 0.00 0.60 155.94 -5.77 percent [+]
Inflation Rate Mom -0.04 0.19 14.33 -3.84 percent [+]
Food Inflation 0.56 0.43 20.55 -3.60 percent [+]
CPI Housing Utilities 115.95 115.63 115.95 76.41 Index Points [+]
CPI Transportation 108.94 108.84 108.94 79.77 Index Points [+]


Ecuador Inflation Rate

In Ecuador, the main components of the consumer price index are: Food and Non-Alcoholic Beverages (25.1 percent of the total weight); Transport (13.6 percent); Housing, Water, Electricity, Gas and Other Fuels (10.2 percent) and Clothing and Footwear (9 percent). Restaurants and Hotels account for 6.8 percent; Education for 6.78 percent; Furniture and Household Equipment for 6.1 percent and Health Care for 6 percent. Others include: Leisure and Culture (5.9 percent); Other Goods and Services (5.2 percent); Communications (4.4 percent) and Alcoholic Beverages, Tobacco and Narcotics (0.9 percent). The national index has a base of 100 as of 2004. The CPI reflects the prices and spending patterns registered in eight representative cities: Quito, Guayaquil, Cuenca, Machala, Esmeraldas, Manta, Ambato and Loja, which account for 67.44 percent of the urban population of the country. This page provides the latest reported value for - Ecuador Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ecuador Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.61 0.37 107.87 -2.67 1970 - 2019 percent Monthly
2014=100




Country Last Previous
Argentina 55.80 Jun/19
Australia 1.30 Mar/19
Brazil 3.37 Jun/19
Canada 2.00 Jun/19
China 2.70 Jun/19
Euro Area 1.30 Jun/19
France 1.20 Jun/19
Germany 1.60 Jun/19
India 3.18 Jun/19
Indonesia 3.28 Jun/19
Italy 0.70 Jun/19
Japan 0.70 Jun/19
Mexico 3.95 Jun/19
Netherlands 2.70 Jun/19
Russia 4.70 Jun/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 Jun/19
Spain 0.40 Jun/19
Switzerland 0.60 Jun/19
Turkey 15.72 Jun/19
United Kingdom 2.00 Jun/19
United States 1.60 Jun/19


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