67
Economics1h 47m ago

The likelihood of El Nino persisting through 2027 has increased, posing risks to inflation even in highly rated sovereign economies.

global

Who
Fitch Ratings
What
The likelihood of El Nino persisting through 2027 has increased, posing risks to inflation even in highly rated sovereign economies.
When
Wed, 17 Jun 2026 09:00:52 GMT · 1h 47m ago
Where
global ·
Why
El Nino is a phenomenon that brings unusually dry conditions in some regions and heavier-than-normal rainfall in others, impacting agricultural output.
The Frontline Impact

How this affects you

The extended El Nino phenomenon could significantly raise global food prices due to uncertain crop yields, potentially weakening the credit profiles of vulnerable sovereign economies if economic impacts like inflation or weakening growth become severe.

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