RBI launches 3 Key Surveys for Monetary Policy Inputs

Context

• RBI launched three important surveys to collect inputs for upcoming Monetary Policy Committee (MPC) decisions (June 4–6 meeting).
• These surveys assess inflation expectations and consumer confidence across India.

Surveys Launched

1. Inflation Expectations Survey of Households (IESH)
   • Covers 19 cities.
   • Captures households’ subjective assessment of price movements and inflation.
   • Based on individual consumption baskets.
2. Urban Consumer Confidence Survey (UCCS)
   • Conducted in 19 cities.
   • Seeks qualitative responsesfrom urban households on:
     • General economic situation
     • Employment scenario
     • Price levels
     • Income & spending
3. Rural Consumer Confidence Survey (RCCS)
   • Covers households across 31 states/UTs.
   • Collects current perceptions & one-year-ahead expectationson:
     • General economy
     • Employment
     • Prices
     • Own income & spending
       
       Updated: Apr 29, 2025, 09:40:00 PM | ET