India warns food inflation could squeeze spending as El Niño is expected to peak in 2026

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  • Indian government warned higher food inflation could reduce non-food discretionary spending.
  • 2026 is when El Niño is expected to peak, late in the year.
  • India’s report said domestic activity and inflation remained relatively stable despite global uncertainty.
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India warns food inflation could squeeze spending as El Niño is expected to peak in 2026 - CoinPost Terminal