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MUMBAI: The Reserve Bank of India (RBI) on Monday introduced the launch of ‘Inflation Expectations Survey of Households’ and ‘Consumer Confidence Survey‘ which can present key inputs for the bi-month-to-month monetary policy. The subsequent bi-month-to-month monetary policy is scheduled throughout June 5-7, 2024.
The ‘Inflation Expectations Survey of Households’ goals at capturing subjective assessments on value actions and inflation, based mostly on their particular person consumption baskets, throughout 19 cities, together with Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, and Thiruvananthapuram, the RBI stated in a launch.
The survey on inflation seeks qualitative responses from households on value adjustments (normal costs in addition to costs of particular product teams) within the three months forward in addition to within the one-yr forward interval.
It additionally seeks quantitative responses on present, three months forward and one-yr forward inflation charges.
The ‘Consumer Confidence Survey’ seeks qualitative responses from households, concerning their sentiments on normal financial state of affairs, employment situation, value degree, households’ earnings and spending, the central financial institution stated in one other launch.
It can also be carried out in 19 cities, together with Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, and Delhi.
The outcomes of the surveys present helpful inputs for monetary policy, the RBI stated.
The ‘Inflation Expectations Survey of Households’ goals at capturing subjective assessments on value actions and inflation, based mostly on their particular person consumption baskets, throughout 19 cities, together with Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, and Thiruvananthapuram, the RBI stated in a launch.
The survey on inflation seeks qualitative responses from households on value adjustments (normal costs in addition to costs of particular product teams) within the three months forward in addition to within the one-yr forward interval.
It additionally seeks quantitative responses on present, three months forward and one-yr forward inflation charges.
The ‘Consumer Confidence Survey’ seeks qualitative responses from households, concerning their sentiments on normal financial state of affairs, employment situation, value degree, households’ earnings and spending, the central financial institution stated in one other launch.
It can also be carried out in 19 cities, together with Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, and Delhi.
The outcomes of the surveys present helpful inputs for monetary policy, the RBI stated.
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