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Ecuador Inflation Rate
Last Release
Mar 31, 2025
Actual
0.31
Units In
%
Previous
0.25
Frequency
Monthly
Next Release
May 07, 2025
Time to Release
29 Days 19 Hours
Highest | Lowest | Average | Date Range | Source |
107.87 Sep 2000 | -2.67 Apr 1970 | 19.19 % | 1970-2025 | N/A |
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.
Latest Updates
The annual inflation rate in Ecuador rose to 0.31% in March 2025, rebounding from the softest increase since June 2021 of 0.25% in the previous month. This uptick was primarily driven by higher costs for food and non-alcoholic beverages (1.21% vs. -0.11% in February), while the decline in prices eased for clothing and footwear (-1.04% vs. -1.11%) and housing and utilities (-14.94% vs. -15.16%) as the country recovered from hydroelectric power shortages that led to government subsidies. Meanwhile, prices slowed for transportation (2.41% vs. 3.01%), communications (1.24% vs. 1.83%), restaurants and hotels (2.65% vs. 2.88%), and recreation and culture (0.67% vs. 1.39%). On a monthly basis, consumer prices rose 0.35%, following a 0.09% increase in February.
Ecuador Inflation Rate History
Last 12 readings