While the uneven progress of the southwest monsoon has delayed kharif sowing, its impact on food inflation is likely to be limited, the Reserve Bank of India’s staff said in its July Bulletin. High public foodgrain stocks should provide some cushion against price pressures, the central bank staff said. “The farm sector is witnessing an uneven southwest monsoon, but the impact on food inflation may be mitigated by comfortable foodgrain stocks,” they said in an article on the state of the economy.