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Inflation Expectations Survey Of Households And Consumer Confidence Survey : RBI

Kumari Sonali

Inflation Expectations Survey Of Households And Consumer Confidence Survey : RBI

The Reserve Bank of India (RBI) recently announced the launch of ‘Inflation Expectations Survey of Households’ and ‘Consumer Confidence Survey’.

  • Inflation Expectations Survey of Households’ and ‘Consumer Confidence Survey’ are launched by the Reserve Bank of India (RBI).
  • They will provide useful inputs for the bi-monthly monetary policy.
  • Inflation Expectations Survey of Households aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets.
  • This survey spans 19 cities, including Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, and Thiruvananthapuram.
  • It seeks qualitative responses from households on price changes (general prices as well as prices of specific product groups) in the three months ahead as well as in the one-year ahead period.
  • Additionally, it will collect quantitative data on current, three-month ahead, and one-year ahead inflation rates.

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