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An RBI Bulletin study examines how El Niño, La Niña and the Indian Ocean Dipole affect rainfall, growth and inflation in India. It finds El Niño alone does not necessarily cause scanty rainfall or high food inflation, and that the rainfall-inflation relationship is non-linear.
The findings suggest Indian monsoon outcomes, and therefore Indian food demand and feed grain needs, are less predictable than headline El Niño forecasts imply. Price impact is limited and mainly indirect for feed markets.
rbi.org.inReserve Bank of India2023年7月1日在过去 50 次中性的报告事件之后，稻谷 在 5 个交易日内中位数变动 -0.0%（50% 上涨；中间一半区间为 -1.9% 至 +1.5%），20 个交易日内为 -1.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
