El Niño threatens global food prices with potential 15.8% increase
Analysts warn that a 'super' El Niño this year could trigger a global food price shock lasting until 2028. The phenomenon may lead to a 15.8% increase in food commodity prices, exacerbating inflation already driven by the Iran war. Experts say the repercussions could take time to fully manifest due to complex agricultural cycles.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 12 Jul 2026, 07:00 UTC · Updated 12 Jul 2026, 07:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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