El Nino likely to impact food prices, inflation projected to settle in 5.2–5.5 pc range in FY27
India could face renewed inflationary pressures in the coming months as the likelihood of an El Nino weather event increases, potentially impacting food production and supply chains, according to a research report by Bank of Baroda. The report noted that while current food supply conditions remain comfortable, weather-related risks and higher fuel costs could put upward pressure on prices during FY27. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link
