ADB: El Niño and Wars Keep Asian Inflation Pressures Elevated

The Asian Development Bank warns that ongoing conflicts in Europe and the Middle East, compounded by a strong El Niño, will sustain high inflationary pressure across Asia into next year. The assessment signals persistent supply-side cost pressures from energy and food, with implications for regional monetary policy and growth. The forecast is an outlook statement, not a hard data release, so its market impact is moderate.