Inflation Ecuador 2018
Average inflation: -0.2%
Current Inflation
There is deflation with consumer prices declining by 0.2%.
Peak and Trough
The highest inflation was in October at 0.3%. The lowest inflation was in May at -1.0%.
- Highest month
- October: 0.3%
- Lowest month
- May: -1.0%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 1.4%. The lowest price increase was in Food with an average of -1.6%.
- Highest increase
- Energy: 1.4%
- Lowest increase
- Food: -1.6%
Historical Context
Current inflation is 2.1% lower than the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 3%
- All-time high (2000)
- 95.5%
- All-time low (2018)
- -0.2%
Trend
Inflation shows a downward trend. Compared to 2017, inflation has fallen by +0.6 percentage point.
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- May: -2.1 percentage points
ECB Target
Inflation is 2.2% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | -0.1% | -1.0 |
| February | -0.1% | -1.1 |
| March | -0.2% | -1.2 |
| April | -0.8% | -1.9 |
| May | -1.0% | -2.1 |
| June | -0.7% | -0.9 |
| July | -0.6% | -0.7 |
| August | -0.3% | -0.6 |
| September | 0.2% | +0.2 |
| October | 0.3% | +0.4 |
| November | 0.3% | +0.5 |
| December | 0.3% | +0.5 |
| Average | -0.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.