RBI launches surveys to capture inflation expectations, consumer confidence
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In order to capture inflation expectations and consumer confidence, the Reserve Bank of India (RBI) has launched the next round of households surveys, which provide useful inputs for its monetary policy. The central bank has been regularly conducting these surveys.
Announcing the launch of the September 2021 round of Inflation Expectations Survey of Households (IESH), the RBI said the survey aims at capturing subjective assessments on price movements and inflation, of about 6,000 households, based on their individual consumption baskets, across 18 cities.
The September 2021 round of the Consumer Confidence Survey (CCS) seeks qualitative responses from households regarding their sentiments on the general economic situation, employment scenario, price level, and households' income and spending.
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