Macro Finance
El Niño Puts India on Track for Driest Monsoon Since 2009
Bloomberg Markets·September 18, 2026·1 min read
India is on course for its driest monsoon in 17 years as a strengthening El Niño curbs rainfall, threatening crop yields and raising food-price risks. The shortfall could hit agricultural output and fuel inflation, pressuring policymakers. The monsoon season, critical for summer-sown crops, has seen deficits across key regions, with the full impact expected to unfold in coming weeks.
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