Ecuador Inflation Eases in August

Ecuador’s annual inflation rate eased to 1.12% in August 2026 from 1.39% in July. Goods inflation slowed to 0.72% from 1.44%, while services inflation accelerated to 1.60% from 1.33%. Food prices recorded another month of deflation, deepening to 1.32% from 0.71%. Fuel prices surged 24.64% amid the rally in international crude oil prices driven by supply disruptions related to the US-Iran war, although the increase was slower than July’s 31.09% rise. On a monthly basis, Ecuador’s CPI edged up 0.04% after falling 0.1% in July. Year-to-date inflation reached 1.34%.

Ecuador’s annual inflation rate eased to 1.39% in July 2026 from 1.65% in June. The strongest price pressures were recorded in goods, with prices rising 1.44%. Non-food prices drove inflation, increasing 2.01%, while services costs rose 1.33%. Meanwhile, food prices fell 0.7%. On a monthly basis, consumer prices declined 0.09% after rising 0.8% in June. Year-to-date inflation reached 1.30%.

Ecuador's annual inflation rate rose to 1.65% in June 2026 from 0.92% in the previous month. The strongest price pressures were recorded in transport (7.8%) and healthcare (3.6%). Prices also increased for education (1.6%), recreation and culture (1.2%), communication (0.7%), and furniture and household articles (1.0%). Meanwhile, deflation persisted in food and non-alcoholic beverages (-0.2%), alcoholic beverages and tobacco (-0.9%), clothing and footwear (-4.3%), and housing and utilities (-2.7%). On a monthly basis, consumer prices rose 0.8% after falling 0.6% in May.