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RBI Survey Round: Inflation Expectations and Consumer Confidence

3 November 20251 min read
ECONOMYRBI Survey Round:Inflation Expectationsand ConsumerConfidence3 November 2025safalsetu.com

Why in the news

In early November 2025 the central bank started another cycle of opinion surveys that help it read inflation psychology and demand.

Key facts

  • IESH (Inflation Expectations Survey of Households): how families perceive and expect prices to move, based on their own spending baskets.
  • Urban CCS (Consumer Confidence Survey): qualitative views of city households on the economy, jobs, income and spending.
  • Rural RCCS: current views and one-year-ahead outlook of village households on the economy, employment and income.

Significance

  • Inputs for the Monetary Policy Committee on demand and inflation.
  • Supports evidence-based balancing of growth and inflation.

Exam angle

  • Body that uses the findings: MPC of RBI.
  • Only RCCS is described as asking for a one-year-ahead outlook.

Test yourself

1. In the RBI survey round launched in November 2025, how many cities does the Inflation Expectations Survey of Households cover?

The notes state IESH is conducted across 19 cities.

2. Which RBI survey gathers rural households' present perceptions and one-year-ahead expectations?

RCCS collects current and one-year-ahead rural views on economy, jobs and income.

3. Results of RBI's household surveys are mainly used by which body when setting policy?

The MPC uses them to assess demand, inflation trends and consumer sentiment.