'Godzilla El Niño' is wreaking havoc with Philippine central bank's inflation forecasts

Source: cnbc October 13, 2026 · 21:24
'Godzilla El Niño' is wreaking havoc with Philippine central bank's inflation forecasts
Photo by Ferdie Cayanga · Pexels
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The Philippine central bank is running policy scenarios for a severe El Niño on top of the oil shock, with inflation at a three-year high.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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