The Reserve Bank of India (RBI) launched three key surveys to collect data for monetary policy decisions.
The surveys include the Inflation Expectations Survey of Households, Rural Consumer Confidence Survey, and Urban Consumer Confidence Survey.
The Inflation Expectations Survey studies household views on price changes and inflation for the next three months and one year across 19 cities.
The Rural Consumer Confidence Survey collects views from rural and semi-urban households in 31 States/Union Territories (UTs) on economy, employment, income, prices, and spending.
The Urban Consumer Confidence Survey collects household opinions on economic conditions, employment, prices, income, and spending across 19 cities.