RBI launches quarterly ‘Inflation Expectations Survey of Households’ for December 2015

• Reserve Bank of India, RBI, has launched the quarterly ‘Inflation Expectations Survey of Households’ for December 2015.
• The survey seeks qualitative responses from households on price changes in the next three months as well as in the next one-year and quantitative responses on current, three-month ahead and one-year ahead inflation rates.
• The apex bank also launched the December 2015 round of the Consumer Confidence Survey (CCS). It has been carrying out the survey on a quarterly basis since June 2010.
• The survey targets at capturing subjective assessments of around 5,400 respondents across six metropolitan cities — Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi.