New Delhi, March 14 -- Weather patterns along with ongoing geopolitical risks affecting global energy prices could adversely impact inflation in 2026, according to a report by State Bank of India.

The report highlighted that the recent forecasts for global weather patterns indicate a possible build-up of El Nino in 2026.

It stated "Weather patterns along with ongoing geopolitical risk affecting the energy prices can adversely impact inflation in 2026"

According to the report, the latest trends in the Nino 3.4 Sea Surface Temperature (SST) Index show that the El Nino-Southern Oscillation is currently in a neutral phase but may transition to a positive phase either in 2026 or in the latter part of 2026.

The report noted that the Indian ...