India faces below-average monsoon rains and higher temperatures this September. This rainfall deficit impacts summer crops entering critical growth stages. Winter crop planting may also be hampered by insufficient soil moisture. Lower agricultural output could necessitate increased imports of sugar and vegetable oils. The monsoon's weakness poses a fresh risk to India's inflation outlook.

IMD forecasts a dry September with rising temperatures, raising concerns for agriculture and stressing crops in the region.

India faces below-average monsoon rains and higher temperatures this September. This rainfall deficit impacts summer crops entering critical growth stages. Winter crop planting…