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Emerging Markets Stare at Inflation Risks as Powerful El Niño Looms

Summary by WTVB
By Siddarth S and Johann M Cherian July 27 (Reuters) – Emerging economies already strained by the Middle East conflict face a new threat: a potentially powerful El Niño that could push up food prices and slow growth. The U.S. National Oceanic and Atmospheric Administration is forecasting an 81% chance of a very strong El Niño through October-December period, potentially placing it among the most powerful events on record since 1950 and dubbed by…

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The U.S. National Weather Service predicts a "super baby" phenomenon is likely to occur in the second half of this year. (Illustrative image: A cow stands in a dried-up pond in a village in Madhya Pradesh, India. (MONEY SHARMA/AFP/Getty Images))

·New York, United States
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J.P. Morgan's forecasts point to an increase of 1.3 to 1.5 percentage points in food inflation.

·Mexico City, Mexico
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El Economista broke the news in Mexico City, Mexico on Sunday, July 26, 2026.
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