RBI Launches Surveys for Monetary Policy - Inflation & Consumer Confidence
By Rediff Money Desk, MUMBAI Apr 29, 2024 18:45
Reserve Bank of India launches two key surveys: Inflation Expectations Survey of Households and Consumer Confidence Survey, providing inputs for the upcoming monetary policy.
![RBI Launches Surveys for Monetary Policy - Inflation & Consumer Confidence](https://im.rediff.com/money/2022/oct/25inflation-1.jpg)
Illustration: Uttam Ghosh/Rediff.com
Mumbai, Apr 29 (PTI) The Reserve Bank of India (RBI) on Monday announced the launch of 'Inflation Expectations Survey of Households' and 'Consumer Confidence Survey' which will provide key inputs for the bi-monthly monetary policy.
The next bi-monthly monetary policy is scheduled during June 5-7, 2024.
The 'Inflation Expectations Survey of Households' aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities, including Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, and Thiruvananthapuram, the RBI said in a release.
The survey on inflation 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.
It also seeks quantitative responses on current, three months ahead and one-year ahead inflation rates.
The 'Consumer Confidence Survey' seeks qualitative responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households' income and spending, the central bank said in another release.
It is also conducted in 19 cities, including Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, and Delhi.
The results of the surveys provide useful inputs for monetary policy, the RBI said.
The next bi-monthly monetary policy is scheduled during June 5-7, 2024.
The 'Inflation Expectations Survey of Households' aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities, including Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, and Thiruvananthapuram, the RBI said in a release.
The survey on inflation 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.
It also seeks quantitative responses on current, three months ahead and one-year ahead inflation rates.
The 'Consumer Confidence Survey' seeks qualitative responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households' income and spending, the central bank said in another release.
It is also conducted in 19 cities, including Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, and Delhi.
The results of the surveys provide useful inputs for monetary policy, the RBI said.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...