RBI warns of growth-inflation risks from weak monsoon
after close1 source ↓written by the desknot a recommendation
- rainfall deficit reached
- 42.2%
- for 2026-27
- 6.6%
- and inflation
- 5.1%
The Reserve Bank of India has highlighted below-normal monsoon rainfall as a significant risk to India's growth and inflation outlook. As of 21 June, the rainfall deficit reached 42.2%, prompting the RBI to project GDP growth at 6.6% for 2026-27 and inflation at 5.1%. A rain-deficient monsoon could further complicate these dynamics, despite strong domestic demand and healthy foreign exchange reserves.
Not investment advice. For informational purposes only.