Food inflation at 6% amid rain worries: Report
New Delhi: Food inflation in India is projected to average around 6 per cent in the 2027 fiscal year, while the headline Consumer Price Index (CPI) inflation is expected to settle at 5 per cent. A severe rainfall deficit at the start of the monsoon season is driving these projections, posing a direct threat to agricultural output and domestic food prices.According to a report by CareEdge Ratings, monsoon rainfall between June 1 and June 29, 2026, recorded a deficit of 41.5 per cent from the lon…

