A weak monsoon in India may push inflation to 5.1% for FY27, while also dampening rural demand and straining fiscal balances, according to S&P Global Ratings.
S&P has predicted that the 2026 southwest monsoon will be much weaker than usual
Jul 06, 2026
04:43 pm
What's the storyA weak monsoon in India could push up inflation, weaken rural demand, and strain fiscal balances. This is according to a report by S&P Global Ratings.
The agency has predicted that the 2026 southwest monsoon will be much weaker than usual with rainfall expected at about 90% of the long-period average.
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