Latest reading: Consumer prices were up 4.6% in annual terms in March, following a 3.7% rise in the previous month....
Inflation in Ecuador
Consumer price inflation in Ecuador averaged 1.5% in the ten years to 2024, in line with the Latin America regional average of 10.8%. The 2024 average figure was 1.5%. For more information on inflation, visit our dedicated page.
Ecuador Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Ecuador from 2014 to 2025.
Source: Macrobond.
Ecuador Inflation Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 0.1 | 3.5 | 2.2 | 1.5 | 0.7 |
| Inflation (CPI, ann. var. %, eop) | 1.9 | 3.7 | 1.3 | 0.5 | 1.9 |
Inflation ebbs in March from February
Latest reading: Consumer prices were up 2.3% on a year-on-year basis in March, following a 2.6% increase in the previous month. Relative to the prior month's data, price pressures reduced for food and non-alcoholic beverages in March (0.0% on a year-on-year basis vs +1.8% in February). In contrast, there were more notable price pressures for transportation (+0.1% vs -0.5% in February), housing and utilities (+24.9% vs +24.8% in February), restaurants and hotels (+1.3% vs +1.2% in February) and communication (+0.4% vs -0.4% in February). Finally, consumer prices rose 0.12% in March on a month-on-month basis, following a 0.21% rise in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ecuadorian inflation projections for the next ten years from a panel of 18 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Ecuadorian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Ecuadorian inflation projections.
Want to get access to the full dataset of Ecuadorian inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Japan: Inflation accelerates in March from February Latest reading: Consumer prices rose 1.5% in annual terms in March, following a 1.3% rise in the previous month. Relative... -
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United Kingdom: Inflation rises in March from February Latest reading: Consumer prices were up 3.3% in annual terms in March, following a 3.0% rise in the prior month... -
Hong Kong: Inflation stabilizes in March Latest reading: Consumer prices rose 1.7% in annual terms in March, stable from the prior month’s reading. Inflation was led... -
Canada: Inflation accelerates in March from February Latest reading: Consumer prices increased 2.4% in annual terms in March, following a 1.8% increase in the previous month. March’s... -
Luxembourg: Inflation picks up in March from the prior month Latest reading: Harmonized consumer prices rose 3.8% in annual terms in March, following a 1.8% rise in the previous month....