El Nino contributes to inflationary pressures in India.
2 reports, 2 independent
Updated Jul 14
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What happened
El Nino contributes to inflationary pressures in India.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The IMD confirmed the onset of El Niño, while analysts noted HUL as a barometer for India's consumer demand.Sub-event
- Barclays assessed easing of monsoon concerns and noted El Nino's food inflation risks in India.Sub-event
El Nino is causing inflationary pressures in India.1 source
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The entities involved
Related events
- RBI tightens policy amid inflationary pressures, while S&P Global Ratings upgrades India's growth forecast, influenced by El Nino.
- El Nino effect linked to higher temperatures and lower rainfall, with CRISIL releasing a report on India's power demand.
- El Nino and geopolitical costs from the Middle East are weighing on India's economic outlook, specifically impacting GDP growth and exports.
- IMD noted that El Nino impacts rainfall patterns crucial for agriculture in India.
- West Asia crisis highlights India's structural vulnerabilities while strong El Niño threatens agricultural incomes.