Macro Finance
El Niño Puts India on Track for Its 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 as they balance growth and price stability.
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