Delayed Monsoon Could Soon Hit Your Grocery Bill. Here's Why

Summary

India's food inflation is projected to average around six percent in the twenty twenty seven fiscal year, driven by a severe rainfall deficit at the start of the monsoon season. This deficit, which was forty one point five percent below the long period average, poses a direct threat to agricultural output and domestic food prices. As a result, a poor monsoon could soon hit your grocery bill, with domestic edible oil inflation already standing high at nine point five percent in May.