EconomyRecord-strength El Niño could mean bigger supermarket bills for Australians, experts warn
Experts warn that a potentially record-strength El Niño, bringing hot and dry conditions to eastern Australia’s growing regions, could lift food prices over the next year. The weather event may add to household cost pressures and make it harder for the Reserve Bank of Australia to bring inflation under control, although other costs and global commodity shocks also influence prices.
Record-strength El Niño could mean bigger supermarket bills for Australians, experts warn
Economy