Research firms divided over impact of below normal monsoon on food inflation

While Crisil and Nomura say a hot summer and below normal rainfall pose an upside risk to food inflation, SBI Research says historical patterns show the relationship between a below normal monsoon and food inflation is not linear

With the IMDs forecasts for below normal rainfall, the debate on retail food inflation has begun. This years situation is more critical, with a heatwave, energy price shocks and issues related to fer…

Originally published by BusinessLine. Read the full article →