New DelhiIndia’s monsoon ended 12.6% below the long-term average.
It is the weakest in more than a decade, raising food-price risks in the world’s most populous nation.
A powerful El Niño suppressed the June-to-September rains, threatening crops and draining reservoirs.
Crop output and reservoir levels will show how far the shortfall travels into India’s food prices.
Sources: Bloomberg Business