Article 787NQ Record strength El Niño could mean bigger supermarket bills for Australians, experts warn

Record strength El Niño could mean bigger supermarket bills for Australians, experts warn

by
Patrick Commins Economics editor
from World news | The Guardian on (#787NQ)

Predicted hot and dry weather in growing areas in eastern Australia identified as one of the key issues' that will affect food prices over next 12 months

The most severe El Nino weather event on record threatens to push food prices higher this year, experts say, piling pressure on households already struggling with the post-pandemic spike in grocery bills and complicating the Reserve Bank's efforts to bring inflation back under control.

The Bureau of Meteorology has forecast El Nino will peak in late spring or summer and reach levels above the warmest observed since reliable records began in 1950".

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2026
Reply 0 comments