RBI’s next inflation expectations survey in March

The central bank also announced the launch of Consumer Confidence Survey (CCS) for March 2017.

This survey aims at capturing subjective assessments of around 5,400 respondents across six metropolitan cities — Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi.

“The survey seeks qualitative responses on questions pertaining to economic conditions, income, spending, perceptions on prices, employment prospects,” it said.

The RBI factors in result of the surveys while framing its monetary policy.

Mumbai-based Hansa Research Group has been engaged to conduct the field work of the two surveys on behalf of the RBI.

From Agencies, Featured image courtesy livemint