Ecuador Inflation Rate  1970-2018 | Data | Chart | Calendar | Forecast

Consumer prices in Ecuador dropped 1.01 percent year-on-year in May of 2018, following a 0.78 percent fall in the prior month. It was the the ninth straight month of deflation and the biggest decline in consumer prices since April of 1970, as cost decreased faster for transport (-0.61 percent vs -0.09 percent in April) and fell for communications (-0.71 percent vs 0.61 percent). Also, prices of education slowed (2.74 percent vs 3.61 percent). Meanwhile, cost declined less for food & non-alcoholic beverages (-3.20 percent vs -3.33 percent) and furnishing & household equipment (-1.44 percent vs -1.60 percent). Additionally, cost of alcoholic beverages and tobacco rebounded (0.12 percent vs -0.02 percent) and prices rose further for housing & utilities (1.34 percent vs 1.33 percent); health (1.35 percent vs 1.07 percent) and miscellaneous goods & services (0.69 percent vs 0.09 percent). On a monthly basis, consumer prices went down 0.18 percent, after falling 0.14 percent in April. Inflation Rate in Ecuador averaged 21.75 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.

Ecuador Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-05 03:50 PM Inflation Rate YoY -0.21% -0.14% -0.10%
2018-05-07 02:00 PM Inflation Rate YoY -0.78% -0.21% -0.10%
2018-06-06 02:00 PM Inflation Rate YoY -1.01% -0.78% -0.10%
2018-07-06 02:00 PM Inflation Rate YoY -1.01% 0.3%
2018-08-06 02:00 PM Inflation Rate YoY 0.4%
2018-09-06 02:00 PM Inflation Rate YoY 0.5%


Ecuador Prices Last Previous Highest Lowest Unit
Inflation Rate -1.01 -0.78 107.87 -2.67 percent [+]
Consumer Price Index CPI 105.09 105.29 106.17 0.01 Index Points [+]
Producer Prices 103.30 104.06 104.60 11.10 Index Points [+]
Producer Prices Change 2.46 2.62 155.94 -5.77 percent [+]
Inflation Rate Mom -0.18 -0.14 14.33 -3.84 percent [+]
Food Inflation -3.20 -3.33 20.55 -3.33 percent [+]
CPI Housing Utilities 114.78 114.49 114.78 76.41 Index Points [+]
CPI Transportation 105.58 105.91 106.36 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1.01 -0.78 107.87 -2.67 1970 - 2018 percent Monthly
2014=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.86 May/18
Canada 2.20 Apr/18
China 1.80 May/18
Euro Area 1.90 May/18
France 2.00 May/18
Germany 2.20 May/18
India 4.87 May/18
Indonesia 3.23 May/18
Italy 1.00 May/18
Japan 0.60 Apr/18
Mexico 4.51 May/18
Netherlands 1.70 May/18
Russia 2.40 May/18
South Korea 1.50 May/18
Spain 2.10 May/18
Switzerland 1.00 May/18
Turkey 12.15 May/18
United Kingdom 2.40 May/18
United States 2.80 May/18


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