Quick Summary
The Reserve Bank of India on Wednesday launched two key surveys, results of which provide useful inputs for the central banks bi-monthly monetary policy. One of the surveys is to know inflation expectations of households and the other is to gauze the consumer confidence. The March 2023 round of Inflation Expectations Survey of Households (IESH), RBI said, aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 citi
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FAQ :
The surveys are designed to gather useful inputs for the Reserve Bank of India's bi-monthly monetary policy.
The RBI has launched the Inflation Expectations Survey of Households (IESH) and the Consumer Confidence Survey (CCS).
It aims to capture subjective assessments from households on price movements and inflation based on their consumption baskets.
Both surveys are conducted across 19 cities in India.
It gathers qualitative responses on the general economic situation, employment scenario, price levels, and households' income and spending.
The next meeting of the Monetary Policy Committee is scheduled for April 6-8, 2023.
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