Wednesday, October 7, 2026 Global edition
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'Godzilla El Niño' is wreaking havoc with Philippine central bank's inflation forecasts

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.

Close-up of an adult shopping for Pepsi and sauces in a grocery store aisle.

Photo: Julia Avamotive / Pexels

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