El Nino Shadow Over Monsoon, Fuel Price Pressures May Push Inflation to October Peak: SBI
June 17, 2026 by nirnay_updater
Bhubaneswar: With rainfall remaining significantly below normal midway through June and concerns growing over the progress of the southwest monsoon following El Nino becoming active over pacific, SBI Research has projected that retail inflation could peak around October, even as current price pressures remain within the Reserve Bank of India’s comfort zone. According to the […]