2026 Monsoon Alert: Skymet Warns of Over 60% Chance of Weak Rainfall, El Niño Threatens Economy

Economy
C
CNBC Awaaz•19-12-2025, 16:16
2026 Monsoon Alert: Skymet Warns of Over 60% Chance of Weak Rainfall, El Niño Threatens Economy
- •Skymet Weather Services founder Jatin Singh warns of a significant risk of a weak southwest monsoon in 2026, potentially impacting Indian markets and economy.
- •Early indications and climate models point to emerging El Niño conditions, historically linked to below-normal rainfall in India.
- •Skymet's forecast record suggests over a 60% probability of a weaker-than-average monsoon in 2026, crucial for agriculture and inflation.
- •While El Niño is a key factor, there's a 30% chance estimates could change, with other elements like IOD or a weakening El Niño offering potential relief.
- •Past weak monsoon years (2000, 2008–09, 2014, 2017–18) showed similar early signs, highlighting the economic implications.
Why It Matters: India faces over 60% risk of weak 2026 monsoon due to El Niño, impacting economy.
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