The annual average consumer price index in Ecuador was forecast to continuously increase between 2024 and 2029 by in total 8.6 points (+7.62 percent). After the ninth consecutive increasing year, the index is estimated to reach 121.45 points and therefore a new peak in 2029. As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.
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IMF. (April 22, 2024). Annual average consumer price index in Ecuador from 2007 to 2029 [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1392055/annual-average-consumer-price-index-ecuador/
IMF. "Annual average consumer price index in Ecuador from 2007 to 2029." Chart. April 22, 2024. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1392055/annual-average-consumer-price-index-ecuador/
IMF. (2024). Annual average consumer price index in Ecuador from 2007 to 2029. Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1392055/annual-average-consumer-price-index-ecuador/
IMF. "Annual Average Consumer Price Index in Ecuador from 2007 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/1392055/annual-average-consumer-price-index-ecuador/
IMF, Annual average consumer price index in Ecuador from 2007 to 2029 Statista, https://www.statista.com/statistics/1392055/annual-average-consumer-price-index-ecuador/ (last visited October 02, 2024)
Annual average consumer price index in Ecuador from 2007 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392055/annual-average-consumer-price-index-ecuador/