Jubilee Post News & Views
Jubilee News Desk
The Reserve Bank of India (RBI) has launched the September 2021 round of household surveys, which provide useful inputs for its monetary policy from the people.
RBI said Inflation Expectations Survey of Households (IESH), aims at capturing subjective assessments across 18 cities including Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram.
“Survey 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 and quantitative responses on current, three months ahead and one year ahead inflation rates,” RBI said.
September 2021 round of the Consumer Confidence Survey (CCS) seeks qualitative responses from households regarding their sentiments on general economic situation, employment scenario, price level, and households’ income and spending.
RBI has been regularly conducting IESH. The survey aims at capturing subjective assessments on price movements and inflation, of approximately 6,000 households, based on their individual consumption baskets, across 18 cities.
The survey 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 and quantitative responses on current, three months ahead and one year ahead inflation rates. The results of this survey provide useful inputs for monetary policy.
The agency, M/s Hansa Research Group Pvt. Ltd., Mumbai has been engaged to conduct the survey of this round on behalf of the RBI through face-to-face as well as telephonically, in view of the phase-wise resumption of activities.
For this purpose, the selected households will be approached by the agency and they are requested to provide their response. Other individuals, who are not approached by the agency can also participate in this survey by providing their responses using the linked survey schedule. The filled in survey schedule may be e-mailed.
