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The Economic Times
The Economic Times
National

Households in India, other Asia-Pacific regions highly vulnerable to El Nino-driven price shocks: S&P

El Nino India Asia United States SP Inflation

New Delhi: Asia-Pacific economies, like India, Vietnam, Indonesia and the Philippines, are seeing a surge in prices, with households remaining highly vulnerable to further weather-related supply shocks, including those triggered by the El Nino, S&P Global Ratings has said.

S&P said the effects of the El Nino period starting in 2026 will reach Asia-Pacific mainly through weaker rainfall and climate disruption, and the macroeconomic impact is likely to be manageable.

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