Inflation Ecuador 1979

Average inflation: 10.1%

Current Inflation

Inflation is very high at 10.1%, far above the ECB target.

Peak and Trough

The highest inflation was in March at 11.2%. The lowest inflation was in September at 8.8%.

Highest month
March: 11.2%
Lowest month
September: 8.8%
Difference
2.4 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.1% lower than the 5-year average of 12.2%.

5-year average
12.2%
10-year average
12.5%
All-time high (1974)
22.7%
All-time low (1972)
7.5%

Trend

Inflation shows a downward trend. Compared to 1978, inflation has fallen by +3.1 percentage point.

Change vs. previous year
-3.1 percentage points
Largest monthly swing
April: -4.9 percentage points

ECB Target

Inflation is 8.1% 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 €110.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1979

Month overview

Month Inflation Difference vs. 1978
January 10.4% -2.9
February 10.6% -3.6
March 11.2% -3.8
April 9.9% -4.9
May 11.1% -3.4
June 10.6% -4.2
July 10.4% -4.4
August 10.3% -2.5
September 8.8% -3.0
October 9.1% -0.5
November 8.9% -2.7
December 10.1% -0.6
Average 10.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also