The annual inflation rate in Ecuador fell to 0.27 percent in December of 2018 from 0.35 percent in the previous month. Cost of food & non-alcoholic beverages dropped (-0.66 percent from 0.08 percent in November) and prices slowed for housing & utilities s (1.39 percent from 1.71 percent). Additionally, prices declined further for furnishing & household equipment (-0.71 percent from -0.56 percent); clothing & footwear (-2.91 percent from -2.76 percent); recreation & culture (-0.82 percent from -0.65 percent) and communications (-0.45 percent from -0.39 percent). On the other hand, cost advanced at a faster pace for for transport (1.15 percent from 0.74 percent); health (2.15 percent from 1.92 percent); education (1.65 percent from 1.64 percent); miscellaneous goods & services (1.79 percent from 1.22 percent) and alcoholic beverages & tobacco (2.43 percent from 2.36 percent). On a monthly basis, consumer prices rose 0.10 percent, after decreasing 0.25 percent in the prior month. Inflation Rate in Ecuador averaged 21.49 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 0.60 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 1.60 percent in 2020, according to our econometric models.

Ecuador Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
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%
2019-01-07 02:00 PM Inflation Rate YoY 0.27% 0.35% 0.4%
2019-02-06 02:00 PM Inflation Rate YoY 0.27% 0.3%
2019-03-06 02:00 PM Inflation Rate YoY
2019-04-05 03:50 PM Inflation Rate YoY 0.6%


Ecuador Prices Last Previous Highest Lowest Unit
Inflation Rate 0.27 0.35 107.87 -2.67 percent [+]
Consumer Price Index CPI 105.28 105.18 106.17 0.01 Index Points [+]
Producer Prices 102.34 102.92 104.60 11.10 Index Points [+]
Producer Prices Change -1.10 0.40 155.94 -5.77 percent [+]
Inflation Rate Mom 0.10 -0.25 14.33 -3.84 percent [+]
Food Inflation -0.70 0.10 20.55 -3.60 percent [+]
CPI Housing Utilities 115.56 115.53 115.56 76.41 Index Points [+]
CPI Transportation 107.53 107.12 107.53 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.27 0.35 107.87 -2.67 1970 - 2018 percent Monthly
2014=100




Country Last Previous
Argentina 47.10 Dec/18
Australia 1.90 Sep/18
Brazil 3.75 Dec/18
Canada 2.00 Dec/18
China 1.90 Dec/18
Euro Area 1.60 Dec/18
France 1.60 Dec/18
Germany 1.70 Dec/18
India 2.19 Dec/18
Indonesia 3.13 Dec/18
Italy 1.10 Dec/18
Japan 0.30 Dec/18
Mexico 4.83 Dec/18
Netherlands 2.00 Dec/18
Russia 4.30 Dec/18
Saudi Arabia 2.80 Nov/18
Singapore 0.30 Nov/18
South Africa 5.20 Nov/18
South Korea 1.30 Dec/18
Spain 1.20 Dec/18
Switzerland 0.70 Dec/18
Turkey 20.30 Dec/18
United Kingdom 2.10 Dec/18
United States 1.90 Dec/18


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