India’s volatile and below-normal monsoon rainfall may create challenges for inflation and economic growth in rural areas over the medium-term, according to Barclays Plc’s chief India economist.
The nation is facing an 8% monsoon rainfall deficit, which will impact future sowing and harvesting seasons, pressuring consumer prices and squeezing the agriculture sector, Rahul Bajoria said in a Bloomberg Television interview Monday with Juliette Saly and Rishaad Salamat.
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August 23, 2021 at 01:04PM
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India Volatile Rains May Impact Inflation, Barclays Bajoria Says - Bloomberg
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