Inflation Ecuador 2017

Average inflation: 0.4%

Current Inflation

Inflation is very low at 0.4%, well below the ECB target.

Peak and Trough

The highest inflation was in April at 1.1%. The lowest inflation was in November at -0.2%.

Highest month
April: 1.1%
Lowest month
November: -0.2%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 2.0%. The lowest price increase was in Food with an average of 0.5%.

Highest increase
Energy: 2.0%
Lowest increase
Food: 0.5%

Historical Context

Current inflation is 2.1% lower than the 5-year average of 2.5%. This approaches the lowest level since records began (0.4% in 2017).

5-year average
2.5%
10-year average
3.9%
All-time high (2000)
95.5%
All-time low (2017)
0.4%

Trend

Inflation shows a downward trend. Compared to 2016, inflation has fallen by +1.3 percentage point.

Change vs. previous year
-1.3 percentage points
Largest monthly swing
January: -2.2 percentage points

ECB Target

Inflation is 1.6% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2017

Month overview

Month Inflation Difference vs. 2016
January 0.9% -2.2
February 1.0% -1.6
March 1.0% -1.3
April 1.1% -0.7
May 1.1% -0.5
June 0.2% -1.4
July 0.1% -1.5
August 0.3% -1.1
September 0.0% -1.3
October -0.1% -1.4
November -0.2% -1.3
December -0.2% -1.3
Average 0.4%

Data source

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

See also