About 'Inflation Expectations Survey of Households' and 'Consumer Confidence Survey':
- They are launched by the Reserve Bank of India (RBI). They will provide useful inputs for the bi-monthly monetary policy.
- Inflation Expectations Survey of Households:
- It aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets.
- This survey spans 19 cities, including Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, and Thiruvananthapuram.
- It 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.
- Additionally, it will collect quantitative data on current, three-month ahead, and one-year ahead inflation rates.
- Consumer Confidence Survey:
- It aims to gather qualitative responses from households regarding their views on the general economic situation, employment scenario, price levels, household income, and spending.
- This survey will also be conducted in 19 cities, including Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, and Delhi.
