El Niño could strain aging Philippine water systems and raise food prices

Nikkei Asia reports that millions of Philippine households already face unreliable tap water as a very strong El Niño threatens widespread drought. The government declared a state of calamity in 106 areas on September 30, unlocking emergency funds and freezing prices on basic goods. BMI warned that a severe El Niño would likely raise food prices; an economist warned that food, energy and water prices could rise if it intensifies and persists into 2027.