The Reserve Bank of India (RBI) has initiated the May, 2021 round of survey over inflation expectations of household as well as consumer confidence.
The Survey over inflation aims at capturing assessments on price movements and inflation. The survey is held on approximately 6000 household based on their individual consumption, across 18 cities.
However, Consumer confidence Survey seeks qualitative response from household, regarding their sentiments on economy, employment, price level, income and expenses. The survey is conducted in 13 cities.
The results of these surveys provide useful input for monetary policy.
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