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Economics9h 5m ago

BNP Paribas warned that a weak monsoon and a stronger El Niño could push up food prices and keep inflation elevated in India.

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India

Who
BNP Paribas, Reserve Bank of India (RBI), India Meteorological Department (IMD)
What
BNP Paribas warned that a weak monsoon and a stronger El Niño could push up food prices and keep inflation elevated in India.
When
Fri, 19 Jun 2026 01:40:01 GMT · 9h 5m ago
Where
India ·
Why
Risks of an El Niño weather event and a weaker-than-normal monsoon are emerging as key threats to price stability.
The Frontline Impact

How this affects you

Higher food inflation could complicate the Reserve Bank of India's inflation management efforts, negatively affecting rural outlook, consumer confidence, and private consumption growth.

Story chain

2 events in this thread
  1. Economics9h 5m ago
    BNP Paribas warned that India's inflation concerns are shifting from fuel to food, with El Niño and a weak monsoon posing key risks to price stability.
    Open article
  2. Currently Reading9h 5m ago
    BNP Paribas warned that a weak monsoon and a stronger El Niño could push up food prices and keep inflation elevated in India.

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