Tougher Days Ahead! Weak Monsoon, El Niño Could Make Food Costlier
Mumbai: India may face sustained food inflation in the coming months as a weak and uneven monsoon threatens crop yields, while a strengthening El Niño and geopolitical tensions push global commodity prices higher. Erratic Monsoon Hurts Crops Southwest monsoon rainfall was 14.7 percent below the long-period average as of September 13. Moreover, 24 of India’s 36 meteorological subdivisions recorded…
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