Inflation Ecuador 1978
Average inflation: 13.2%
Current Inflation
Inflation is very high at 13.2%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 15.0%. The lowest inflation was in October at 9.6%.
- Highest month
- March: 15.0%
- Lowest month
- October: 9.6%
- Difference
- 5.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.5% lower than the 5-year average of 14.7%.
- 5-year average
- 14.7%
- 10-year average
- 12.8%
- All-time high (1974)
- 22.7%
- All-time low (1972)
- 7.5%
Trend
Inflation shows an upward trend. Compared to 1977, inflation has risen by +0.2 percentage point.
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- October: -3.9 percentage points
ECB Target
Inflation is 11.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €113.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1978
Month overview
| Month | Inflation | Difference vs. 1977 |
|---|---|---|
| January | 13.3% | +0.7 |
| February | 14.2% | +2.0 |
| March | 15.0% | +2.2 |
| April | 14.8% | +1.0 |
| May | 14.5% | 0.0 |
| June | 14.8% | +2.1 |
| July | 14.8% | +3.4 |
| August | 12.8% | -0.6 |
| September | 11.8% | -2.0 |
| October | 9.6% | -3.9 |
| November | 11.6% | -0.7 |
| December | 10.7% | -1.7 |
| Average | 13.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.