Annual inflation rate in Ecuador increased to 0.35 percent in November of 2018 from 0.33 percent in the prior month. It is the highest inflation rate since May 2017, as prices rose further for housing & utilities (1.71 percent vs 1.62 percent in October), health (1.92 percent vs 1.29 percent) and rebounded slightly for food & non-alcoholic beverages (0.08 percent vs -0.46 percent). In contrast, inflation slowed for transport (0.74 percent vs 1.22 percent). On a monthly basis, consumer prices decreased 0.25 percent, after a 0.05 percent fall in the preceding month. Inflation Rate in Ecuador averaged 21.52 percent from 1970 until 2018, 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 0.40 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 2.00 percent in 2020, according to our econometric models.

Ecuador Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-06 02:00 PM Inflation Rate YoY -0.32% -0.57% -0.4%
2018-10-08 02:00 PM Inflation Rate YoY 0.23% -0.32% -0.1%
2018-11-08 03:00 PM Inflation Rate YoY 0.33% 0.23% 0.2%
2018-12-06 01:55 PM Inflation Rate YoY 0.35% 0.33% 0.3%
2019-01-04 02:50 PM Inflation Rate YoY 0.35% 0.40%
2019-02-06 02:00 PM Inflation Rate YoY
2019-03-06 02:00 PM Inflation Rate YoY


Ecuador Prices Last Previous Highest Lowest Unit
Inflation Rate 0.35 0.33 107.87 -2.67 percent [+]
Consumer Price Index CPI 105.18 105.45 106.17 0.01 Index Points [+]
Producer Prices 102.92 102.99 104.60 11.10 Index Points [+]
Producer Prices Change 0.80 0.80 155.94 -5.77 percent [+]
Inflation Rate Mom -0.25 -0.05 14.33 -3.84 percent [+]
Food Inflation 0.10 -0.50 20.55 -3.60 percent [+]
CPI Housing Utilities 115.53 115.39 115.53 76.41 Index Points [+]
CPI Transportation 107.12 107.34 107.34 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.35 0.33 107.87 -2.67 1970 - 2018 percent Monthly
2014=100




Country Last Previous
Argentina 48.00 Nov/18
Australia 1.90 Sep/18
Brazil 4.05 Nov/18
Canada 2.40 Oct/18
China 2.20 Nov/18
Euro Area 2.00 Nov/18
France 1.90 Nov/18
Germany 2.30 Nov/18
India 2.33 Nov/18
Indonesia 3.23 Nov/18
Italy 1.60 Nov/18
Japan 1.40 Oct/18
Mexico 4.72 Nov/18
Netherlands 2.00 Nov/18
Russia 3.80 Nov/18
Saudi Arabia 2.40 Oct/18
Singapore 0.70 Oct/18
South Africa 5.20 Nov/18
South Korea 2.00 Nov/18
Spain 1.70 Nov/18
Switzerland 0.90 Nov/18
Turkey 21.62 Nov/18
United Kingdom 2.40 Oct/18
United States 2.20 Nov/18


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