Data▼ Bearish for Indian equities
Europe’s €3.2 billion grain loss: What it means for India’s food inflation outlook
The brief
- Europe’s grain harvest fell by 16.7 million tonnes after a record-hot, drought-hit summer
- Estimated losses from the harvest setback are €3.2 billion
- Higher global grain prices could pressure Indian food inflation and cereal-sector companies
- Don't blame El Niño alone
- India must relieve rural distress: Deficient rainfall threatens not just food security but also rural incomes
- Kitchen Budgets Hit: Onion Prices Nearly Double Amid Maharashtra Drought
- Monsoon rainfall in 2026 fourth-lowest since 2001, says IMD
- 2026 monsoon ends with nearly 13% rain deficit, worst since 2015: IMD