Monsoon outcome has been closer to IMD forecast, as against more bearish expectations of Skymet
Rainfall activity has been in a deficit in all the three months of the season, so far. In the past 20 years, there have been only two instances (2004 and 2009) when rainfall was consistently in deficit over the first three months of the season. Additionally, in both these years, rainfall remained in deficit in the month of September also.
August monsoon outcome has been closer to IMD’s forecast of 96% of LPA, as against more bearish expectations of private weather forecaster Skymet at 88% of the LPA. Reuters