Economics
India Bets on Rains to Cool Prices as Monsoon Arrives Early
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India’s monsoon, which brings more than 70 percent of the country’s rainfall, landed two days early, potentially boosting production of rice and sugar and helping cool the highest inflation among Asia’s major economies.
The rains reached southern Kerala and Tamil Nadu and are likely to advance to the rest of Kerala and the state of Karnataka in the next two to three days, said the India Meteorological Department in a statement today. The bureau predicted May 13 that showers would reach Kerala tomorrow.