# How El Nino threatens emerging market economies | Reuters

> Reuters analysis says El Nino could raise inflation by up to 2.5% in Colombia and 1.5% in Peru, while Mexico appears largely isolated. The piece focuses on emerging market economies.

- Date: 2023-08-04 · published 2023-08-04T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/34474-how-el-nino-threatens-emerging-market-economies-reuters
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md), [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Higher inflation and currency pressure in South American economies can affect local feed purchasing power and currency-linked commodity pricing.

## Read by commodity

- USDCOP: bullish ▲
- USDPEN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/business/environment/how-el-nino-threatens-emerging-market-economies-2023-08-04/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.