TNPSC Thervupettagam

Key Surveys for Monetary Policy

May 4 , 2025 18 hrs 0 min 24 0
  • The Reserve Bank launched three key surveys, including inflation expectations, to gather useful inputs for monetary policy decisions.
  • The Inflation Expectations Survey of Households (IESH) aims at capturing the subjective assessments on the price movements and inflation, based on their individual consumption baskets, across 19 cities.
  • The Urban Consumer Confidence Survey (UCCS) seeks the qualitative responses from households, regarding their sentiments on the general economic situation, employment scenario, price level, and households' income and spending.
  • The Rural Consumer Confidence Survey (RCCS) will collect current perceptions and one-year-ahead expectations of households.
  • It collects data on general economic situation, employment scenario, overall price situation, own income and spending from the households residing in the rural and semi-urban areas across 31 states/ Union Territories.

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