UK Central Bank Warns of Rising Inflation Risk Amid Record Heat and Expected El Niño Through 2027

UK central bank officials have expressed concern that weather patterns could become a new driver of inflation as supply shocks from prior cycles fade, according to recent commentary. Climate scientists increasingly expect a strong El Niño phenomenon to form in the latter half of 2026 and into 2027, potentially disrupting global weather patterns. Economists warn this could trigger fresh supply disruptions, push up food inflation, and complicate central banks' ongoing efforts to combat price pressures.
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