Weak monsoon threatens to push CPI past 5%, squeezing FMCG margins and rural retail recovery
A below-normal monsoon could lift retail inflation beyond the RBI's 5% comfort zone, hitting pulses and soyabean output across Madhya Pradesh and Maharashtra. Higher food costs risk denting rural demand, pressuring grocery and FMCG margins, and narrowing the central bank's room for rate cuts.
A below-normal monsoon could lift retail inflation beyond the RBI's 5% comfort zone, hitting pulses and soyabean output across Madhya Pradesh and Maharashtra. H
Moneycontrol · News Web · 5/29/2026, 9:24:33 PM · Ask about this →