Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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Recent India research

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India Monitor: Persistent food-inflation risks affect interest-rate policy

Overview

An unexpected jump in food prices in June signals the risk of resurgent food inflation in India, especially if the monsoon remains weak in the crucial crop sowing months of July and August, as weather officials expect. Rains so far in July have been far below normal: except for northern India, most parts of the country have received scanty rainfall only. Although the area sown with crops is currently larger than usual, poor rainfall will damage crop...

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