The Economic Commission for Latin America and the Caribbean (ECLAC) is warning that drought linked to El Niño could have a significant economic impact across the region.
ECLAC estimates that the drought could reduce the GDP of Latin America and the Caribbean by two per cent over a three-year period.
It says the fallout could push another 4.8 million people into poverty by 2030, as lower economic output and higher inflation affect key sectors such as agriculture, energy and infrastructure.
ECLAC says the region's energy sector is particularly vulnerable because hydroelectric power accounts for as much as 70 per cent of electricity supplies in some countries.
In Jamaica, inflation rose to 7.9 per cent in the 12 months to August, with drought conditions contributing to higher prices across several sectors.
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