The Bank of England has identified the El Niño weather pattern as a key factor that could drive food inflation in 2027, with knock-on effects for household bills and borrowing.
El Niño could push up UK food and borrowing costs in 2027, Bank of England warns
The Bank of England has identified the El Niño weather pattern as a key factor that could drive food inflation in 2027, with knock-on effects for household bills and borrowing.
This item was produced with AI assistance under the editorial responsibility of Haydamax OÜ.
Monitoring item. The full text is not distributed. Extract and source below.