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The International Monetary Fund reports Ecuador is 'recovering much faster than anticipated' from the devastating 2024 blackout crisis. Inflation is forecast at just 1.5% for 2026 — among the lowest in Latin America — though housing costs spiked 16.97%.
Indigenous leader Marlon Vargas calls President Noboa's urgent mining and energy reform a threat to water, territories, and collective rights. The National Assembly has until March 2 to vote on the bill, and CONAIE is calling for unity against it.
Ecuador’s annual inflation rate hit a 20-month high in January 2026, driven almost entirely by a 20.79% spike in housing and utility costs after the government ended electricity and diesel subsidies. Food prices are rising too — plantains have roughly doubled, and the basic family basket now costs $822 a month.
