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Food Prices Getting Hotter
Could El Niño deliver the next inflation shock? In this episode of The Global Economy Unwrapped, Gaurav Ganguly is joined by Kamil Kovar, Denise Cheok, Jeemin Bang and Deni Kasa to examine how a potentially powerful El Niño could affect food prices, inflation and monetary policy across Asia Pacific and Europe.
The team explores the risks to rice and other key commodities, the potential for drought and water scarcity to disrupt food and energy production, and how export restrictions could amplify price pressures across borders. They also ask why Europe, historically relatively insulated from…
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