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Economics3h 46m ago

There is 80 per cent likelihood of an El Nino event during the June–August period, with probabilities to continue until at least November near or above 90 per cent.

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New Delhi, India

Who
economist Dipanwita Mazumdar, Bank of Baroda Research
What
There is 80 per cent likelihood of an El Nino event during the June–August period, with probabilities to continue until at least November near or above 90 per cent.
When
Sun, 14 Jun 2026 05:13:04 GMT · 3h 46m ago
Where
New Delhi, India ·
Why
The strong likelihood of El Nino conditions is expected to impact food prices, contributing to inflationary pressures.
The Frontline Impact

How this affects you

The anticipated El Nino event raises concerns about higher food prices and an acceleration of CPI inflation, with projections indicating a rate of 5.2-5.5% in FY27, which could affect household budgets and economic stability in India.

Story chain

6 events in this thread
  1. Economics1h 53m ago
    India's economy presented mixed signals this week, including a surprise current account surplus in the March quarter and a rise in retail inflation in May.
    Open article
  2. Economics1h 53m ago
    India’s economy offered mixed signals this week, including a surprise current account surplus in the March quarter, steady global confidence in India’s growth prospects, and a sharp rise in corporate debt raising after the Reserve Bank of India’s recent measures.
    Open article
  3. Economics1h 53m ago
    India's economy showed mixed signals this week, including a surprise current account surplus in the March quarter and a sharp rise in corporate debt raising, but also pressure points like increased retail inflation in May.
    Open article
  4. Economics3h 46m ago
    CPI inflation is projected to settle in the range of 5.2 per cent–5.5 per cent in FY27.
    Open article
  5. Currently Reading3h 46m ago
    There is 80 per cent likelihood of an El Nino event during the June–August period, with probabilities to continue until at least November near or above 90 per cent.
  6. Economics3h 46m ago
    CPI inflation is projected to settle in the range of 5.2 per cent–5.5 per cent in FY27, assuming some impact from El Nino and an average crude oil price of $90–100 per barrel.
    Open article

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