Ecuador Inflation Rate

The inflation rate in Ecuador was recorded at 3.11 percent in March of 2014. Inflation Rate in Ecuador is reported by the INEC, Ecuador. Inflation Rate in Ecuador averaged 23.60 Percent from 1970 until 2014, 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. In Ecuador, the main components of the consumer price index are: Food and Non-Alcoholic Beverages (25.1 percent of the total weight); Transports (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 - Ecuador Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.11 2.85 107.87 -2.67 3.38 | 2014/04 1970 - 2014 Percent Monthly
2004=100

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Ecuador Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-03-06 02:30 PM Ecuador
Inflation Rate YoY
Feb 2013 3.48% 4.10%
2013-04-04 04:30 PM Ecuador
Inflation Rate YoY
Mar 2013 3.01% 3.48%
2013-05-07 05:00 PM Ecuador
Inflation Rate YoY
Apr 2013 3.03% 3.01%
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Prices Last Previous Highest Lowest Forecast Unit
Consumer Price Index (CPI) 147.69 2014-03-15 146.67 147.69 0.02 148.34 2014-04-30 Index Points [+]
Inflation Rate 3.11 2014-03-31 2.85 107.87 -2.67 3.38 2014-04-30 Percent [+]
Producer Prices 2872.52 2014-03-15 2928.46 2982.72 199.07 2874.35 2014-04-30 Index Points [+]
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Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


RELATED NEWS

Ecuador Balance of Trade at 177965.00 USD Thousand  
Ecuador recorded a trade surplus of 177965 USD Thousand in February of 2014. Balance of Trade in Ecuador is reported by the Banco Central del Ecuador.
Ecuador Exports at 2150067.00 USD Thousand  
Exports in Ecuador increased to 2150067 USD Thousand in February of 2014 from 2033186 USD Thousand in January of 2014. Exports in Ecuador is reported by the Banco Central del Ecuador.
Ecuador Changes in Inventories at 28331.00 USD THO  
Changes in Inventories in Ecuador decreased to 28331 USD THO in the fourth quarter of 2013 from 156467 USD THO in the third quarter of 2013. Changes in Inventories in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Capital Flows at 693.07 USD Million  
Capital Flows in Ecuador increased to 693.07 USD Million in the third quarter of 2013 from 137.09 USD Million in the second quarter of 2013. Capital Flows in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Current Account at -157.73 USD Million  
Ecuador recorded a Current Account deficit of 157.73 USD Million in the third quarter of 2013. Current Account in Ecuador is reported by the Banco Central del Ecuador.
Ecuador Crude Oil Production at 548.00 Thousands Barrels per Day  
Crude Oil Production in Ecuador increased to 548 Thousands Barrels per Day in December of 2013 from 545 Thousands Barrels per Day in November of 2013. Crude Oil Production in Ecuador is reported by the U.S. Energy Information Administration.
Ecuador Consumer Spending at 10865398.00 USD THO  
Consumer Spending in Ecuador increased to 10865398 USD THO in the fourth quarter of 2013 from 10707195 USD THO in the third quarter of 2013. Consumer Spending in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Consumer Price Index (CPI) at 147.69 Index Points  
Consumer Price Index (CPI) in Ecuador increased to 147.69 Index Points in March of 2014 from 146.67 Index Points in February of 2014. Consumer Price Index (CPI) in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador GDP Constant Prices at 17078240.00 USD THO  
GDP Constant Prices in Ecuador increased to 17078240 USD THO in the fourth quarter of 2013 from 16883179 USD THO in the third quarter of 2013. GDP Constant Prices in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Government Budget Value at -1707.54 USD Million  
Ecuador recorded a government budget deficit of 1707.54 USD Million in December of 2013. Government Budget Value in Ecuador is reported by the Banco Central Del Ecuador.
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