Rain check on prices? Weak monsoon forecast clouds India’s inflation outlook
- Posted on May 1, 2026
- By Business News Today
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- 1 min read
Rain check on prices? Weak monsoon forecast clouds India’s inflation outlook
As India braces for an expected below-average monsoon alongside the looming threat of El Niño, concerns mount over a potential inflation spike. This climatic unpredictability could hinder agricultural output, driving food prices upward. Though existing buffer stocks provide some reassurance, the uneven patterns of rainfall will play a critical role.