04-June-2026
Economy News
 
Deficient monsoon may push India’s retail inflation above 5% in FY27, warn economists
04-Jun-2026

India could face higher inflationary pressures in FY27 as deficient monsoon rains and persistent heatwave conditions threaten agricultural output across major crop-producing regions, economists have warned. In its latest monsoon forecast, the India Meteorological Department (IMD) projected rainfall during the June-September season to remain 10% below normal, or around 90% of the long-period average (LPA). The revised estimate is weaker than the IMD‘s earlier forecast of rainfall being 8% below normal.

News Source:- https://www.financialexpress.com/policy/economy/deficient-monsoon-may-push-indias-retail-inflation-above-5-in-fy27-warn-economists/4258235/