आज रिजर्व बैंक ने अपने द्विमासिक मुद्रास्फीति पर घरेलू अपेक्षाओं का सर्वेक्षण (IESH)1 के नवम्बर 2021 चक्र के परिणाम जारी किए। सर्वेक्षण 25 अक्तूबर से 3 नवम्बर 2021 के दौरान 18 प्रमुख शहरों में फील्ड साक्षात्कार के माध्यम से किया गया था। इसके परिणाम2 5,910 शहरी परिवारों3 के प्रत्युत्तरों पर आधारित हैं। कोविड-19 वैरिएंट के रूप में 'ओमीक्रोन' के उभरने के बाद और पेट्रोल और डीजल पर घरेलू उत्पाद शुल्क में कटौती किए जाने और अंतरराष्ट्रीय कच्चे तेल और अन्य वस्तुओं की कीमतों में गिरावट आने के मद्देनजर वैश्विक और घरेलू कीमतों की धारणा में महत्वपूर्ण बदलाव लक्षित हुए हैं। अतः, ऐसे उत्तरदाताओं के अद्यतन आकलन को समझने के लिए एक अनुवर्ती सर्वेक्षण (जिसे इसके बाद 'विस्तारित सर्वेक्षण' कहा गया है) दिसंबर 2021 के प्रारंभ में टेलीफोन पर बातचीत के द्वारा आयोजित किया गया था। विस्तारित सर्वेक्षण में, नियमित सर्वेक्षण में भाग लेने वाले 5,910 पारिवारिक इकाइयों में से 1,274 से प्रत्तयुत्तर प्राप्त हुए। विशेष: ए. नियमित सर्वेक्षण चक्र i. नवंबर 2021 मे मौजूदा अवधि के लिए परिवारों की मीडियन मुद्रास्फीति धारणा में 20 आधार अंकों की वृद्धि होकर यह 10.4 प्रतिशत थी जबकि पिछले सर्वेक्षण चक्र की तुलना में, तीन महीने और एक वर्ष आगे की मीडियन मुद्रास्फीति प्रत्याशाओं में क्रमशः 150 और 170 आधार अंक की वृद्धि हुई [चार्ट 1a और 1b; तालिका 3(a)]। ii. परिवारों को उम्मीद है कि निकट और मध्यम अवधि में महंगाई और भी बढ़ेगी क्योंकि वर्तमान धारणाओं और भविष्य की अपेक्षाओं के बीच का अंतर दोनों समय अंतरालों में बढ़ा है, [चार्ट 1a और 1b; तालिका 3(a)]। iii. आगामी तीन महीनों में और आने वाले वर्ष में मुद्रास्फीति के बढ़ने की उम्मीद करने वाले उत्तरदाताओं का अनुपात नवंबर 2021 में बढ़ गया [तालिका 1(a) और 1(b)]। iv. समग्र कीमतों और मुद्रास्फीति की उम्मीदें आम तौर पर गैर-खाद्य वस्तुओं से जुड़ी हुई थीं [तालिका 4]।
ब. विस्तारित सर्वेक्षण v. दिसंबर 2021 की शुरुआत में किए गए विस्तारित सर्वेक्षण में प्रत्युत्तर देने वाले परिवारों की मीडियन मुद्रास्फीति की धारणा एक महीने पहले आयोजित नियमित सर्वेक्षण चक्र में उनके आकलन की तुलना में मौजूदा मुद्रास्फीति के लिए 30 आधार अंकों की गिरावट आई है [चार्ट 2; तालिका 3(b)]। vi. परिवारों की तीन माह आगे और एक वर्ष आगे की मीडियन मुद्रास्फीति प्रत्याशाओं की तुलना यदि उनके एक माह पूर्व की उनकी अपेक्षाओं से करें तो उसमें क्रमश: 110 आधार अंकों और 140 आधार अंकों की गिरावट आई हैं [चार्ट 2; तालिका 3(b)]। vii. नियमित सर्वेक्षण चक्र की तुलना में विस्तारित सर्वेक्षण चक्र में सामान्य कीमतों और मुद्रास्फीति दोनों समय अंतरालों में वृद्धि की उम्मीद करने वाले परिवारों का अनुपात कम था [तालिका 1(c)]।
नोट: कृपया समय शृंखला डेटा के लिए एक्सेल फ़ाइल देखें।
Table 1(a): Product-wise Expectations of Prices for Three Months ahead |
(Percentage of Respondents) |
Survey period ended |
Nov-20 |
May-21 |
Jul-21 |
Sep-21 |
Nov-21 |
General |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Prices will increase |
83.3 |
0.85 |
83.7 |
0.68 |
85.9 |
0.79 |
84.9 |
0.77 |
89.3 |
0.64 |
Price increase more than current rate |
55.4 |
1.14 |
58.5 |
0.91 |
63.0 |
1.15 |
61.5 |
1.14 |
67.0 |
1.17 |
Price increase similar to current rate |
23.6 |
0.95 |
21.2 |
0.76 |
19.6 |
0.90 |
19.9 |
0.88 |
19.1 |
0.94 |
Price increase less than current rate |
4.4 |
0.46 |
4.0 |
0.37 |
3.3 |
0.38 |
3.5 |
0.40 |
3.3 |
0.42 |
No changes in prices |
14.2 |
0.81 |
14.0 |
0.63 |
11.3 |
0.70 |
12.9 |
0.72 |
8.2 |
0.55 |
Decline in prices |
2.4 |
0.32 |
2.3 |
0.30 |
2.8 |
0.40 |
2.2 |
0.29 |
2.5 |
0.30 |
Food Product |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
81.5 |
0.83 |
84.4 |
0.72 |
84.0 |
0.81 |
84.8 |
0.74 |
86.0 |
0.70 |
Price increase more than current rate |
54.7 |
1.10 |
60.2 |
0.92 |
61.0 |
1.15 |
61.4 |
1.08 |
63.7 |
1.17 |
Price increase similar to current rate |
20.3 |
0.90 |
19.4 |
0.75 |
17.6 |
0.89 |
18.2 |
0.80 |
17.0 |
0.82 |
Price increase less than current rate |
6.5 |
0.59 |
4.8 |
0.38 |
5.4 |
0.53 |
5.3 |
0.50 |
5.2 |
0.46 |
No changes in prices |
11.6 |
0.67 |
11.8 |
0.63 |
10.5 |
0.65 |
10.8 |
0.64 |
8.2 |
0.52 |
Decline in prices |
6.9 |
0.54 |
3.9 |
0.39 |
5.5 |
0.53 |
4.4 |
0.40 |
5.8 |
0.46 |
Non- Food Product |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
74.8 |
0.99 |
78.6 |
0.79 |
82.6 |
0.85 |
82.1 |
0.82 |
86.3 |
0.67 |
Price increase more than current rate |
48.0 |
1.11 |
53.1 |
0.95 |
59.0 |
1.17 |
58.8 |
1.15 |
62.7 |
1.17 |
Price increase similar to current rate |
20.3 |
0.87 |
19.8 |
0.75 |
18.8 |
0.92 |
18.2 |
0.83 |
18.7 |
0.86 |
Price increase less than current rate |
6.4 |
0.57 |
5.6 |
0.44 |
4.7 |
0.50 |
5.1 |
0.45 |
4.9 |
0.48 |
No changes in prices |
20.1 |
0.92 |
17.1 |
0.72 |
12.3 |
0.73 |
13.6 |
0.73 |
8.9 |
0.54 |
Decline in prices |
5.2 |
0.48 |
4.3 |
0.42 |
5.1 |
0.51 |
4.3 |
0.42 |
4.7 |
0.43 |
Household Durables |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
60.3 |
1.09 |
58.8 |
0.96 |
65.6 |
1.10 |
67.3 |
0.97 |
68.6 |
0.90 |
Price increase more than current rate |
38.2 |
1.11 |
37.7 |
0.94 |
45.1 |
1.19 |
46.5 |
1.09 |
47.8 |
1.11 |
Price increase similar to current rate |
16.2 |
0.82 |
16.4 |
0.70 |
16.6 |
0.86 |
16.2 |
0.78 |
15.9 |
0.77 |
Price increase less than current rate |
5.8 |
0.59 |
4.7 |
0.40 |
4.0 |
0.43 |
4.6 |
0.43 |
4.9 |
0.44 |
No changes in prices |
27.4 |
1.00 |
32.2 |
0.90 |
25.3 |
0.99 |
25.0 |
0.87 |
22.7 |
0.82 |
Decline in prices |
12.3 |
0.71 |
9.0 |
0.56 |
9.1 |
0.66 |
7.7 |
0.53 |
8.7 |
0.54 |
Cost of Housing |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
60.7 |
1.12 |
54.9 |
0.94 |
64.7 |
1.13 |
68.7 |
0.95 |
74.3 |
0.94 |
Price increase more than current rate |
40.4 |
1.14 |
36.5 |
0.92 |
45.9 |
1.21 |
49.6 |
1.07 |
55.1 |
1.16 |
Price increase similar to current rate |
15.9 |
0.80 |
14.4 |
0.67 |
14.5 |
0.79 |
15.1 |
0.77 |
15.5 |
0.78 |
Price increase less than current rate |
4.4 |
0.50 |
3.9 |
0.36 |
4.2 |
0.46 |
4.0 |
0.42 |
3.7 |
0.39 |
No changes in prices |
25.9 |
1.01 |
30.5 |
0.89 |
23.7 |
0.99 |
21.9 |
0.85 |
19.0 |
0.82 |
Decline in prices |
13.4 |
0.84 |
14.6 |
0.69 |
11.6 |
0.74 |
9.4 |
0.59 |
6.7 |
0.51 |
Cost of Services |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
70.4 |
1.02 |
67.6 |
0.89 |
74.3 |
1.02 |
73.3 |
0.93 |
76.5 |
0.87 |
Price increase more than current rate |
44.8 |
1.10 |
44.6 |
0.94 |
52.5 |
1.19 |
52.1 |
1.10 |
53.9 |
1.20 |
Price increase similar to current rate |
20.3 |
0.88 |
18.0 |
0.71 |
17.3 |
0.83 |
16.8 |
0.75 |
17.6 |
0.80 |
Price increase less than current rate |
5.3 |
0.50 |
5.0 |
0.40 |
4.5 |
0.45 |
4.4 |
0.41 |
5.0 |
0.49 |
No changes in prices |
25.2 |
0.98 |
29.2 |
0.87 |
22.0 |
0.95 |
23.7 |
0.90 |
20.2 |
0.81 |
Decline in prices |
4.4 |
0.44 |
3.2 |
0.35 |
3.7 |
0.43 |
3.0 |
0.33 |
3.2 |
0.34 |
Note: 1. The table provides estimates and standard errors for qualitative responses. 2. Constituent items may not add up to the corresponding total, due to rounding off. |
Table 1(b): Product-wise Expectations of Prices for One Year ahead |
(Percentage of Respondents) |
Survey period ended |
Nov-20 |
May-21 |
Jul-21 |
Sep-21 |
Nov-21 |
General |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Prices will increase |
86.5 |
0.77 |
86.9 |
0.65 |
86.8 |
0.78 |
87.7 |
0.72 |
90.5 |
0.59 |
Price increase more than current rate |
59.5 |
1.09 |
62.4 |
0.91 |
65.6 |
1.18 |
66.5 |
1.10 |
70.6 |
1.16 |
Price increase similar to current rate |
22.9 |
0.92 |
20.3 |
0.75 |
18.3 |
0.93 |
18.0 |
0.85 |
16.6 |
0.92 |
Price increase less than current rate |
4.1 |
0.44 |
4.2 |
0.38 |
2.9 |
0.38 |
3.3 |
0.36 |
3.3 |
0.39 |
No changes in prices |
10.3 |
0.69 |
10.4 |
0.58 |
10.1 |
0.68 |
9.3 |
0.61 |
6.4 |
0.46 |
Decline in prices |
3.2 |
0.39 |
2.7 |
0.33 |
3.1 |
0.41 |
2.9 |
0.36 |
3.1 |
0.35 |
Food Product |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
77.7 |
0.97 |
81.7 |
0.76 |
80.8 |
0.87 |
81.6 |
0.79 |
84.5 |
0.74 |
Price increase more than current rate |
48.4 |
1.10 |
53.5 |
0.95 |
55.9 |
1.18 |
57.4 |
1.12 |
60.3 |
1.21 |
Price increase similar to current rate |
24.0 |
0.93 |
22.6 |
0.77 |
20.7 |
0.98 |
19.5 |
0.89 |
19.9 |
0.92 |
Price increase less than current rate |
5.4 |
0.48 |
5.6 |
0.43 |
4.2 |
0.45 |
4.7 |
0.45 |
4.4 |
0.42 |
No changes in prices |
14.3 |
0.82 |
12.5 |
0.64 |
12.6 |
0.73 |
11.9 |
0.66 |
9.5 |
0.58 |
Decline in prices |
8.0 |
0.58 |
5.8 |
0.46 |
6.6 |
0.54 |
6.5 |
0.47 |
6.0 |
0.47 |
Non- Food Product |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
75.0 |
0.98 |
79.2 |
0.78 |
80.3 |
0.91 |
81.5 |
0.81 |
85.1 |
0.72 |
Price increase more than current rate |
45.6 |
1.13 |
51.8 |
0.96 |
56.8 |
1.21 |
57.9 |
1.13 |
61.8 |
1.20 |
Price increase similar to current rate |
23.5 |
0.93 |
21.8 |
0.76 |
19.0 |
0.91 |
19.5 |
0.85 |
18.9 |
0.87 |
Price increase less than current rate |
5.9 |
0.55 |
5.7 |
0.44 |
4.6 |
0.48 |
4.1 |
0.40 |
4.4 |
0.46 |
No changes in prices |
19.3 |
0.89 |
15.8 |
0.70 |
13.4 |
0.76 |
13.2 |
0.71 |
9.6 |
0.57 |
Decline in prices |
5.8 |
0.51 |
5.0 |
0.44 |
6.2 |
0.57 |
5.3 |
0.42 |
5.4 |
0.44 |
Household Durables |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
65.0 |
1.08 |
64.7 |
0.94 |
69.1 |
1.06 |
71.5 |
0.98 |
75.0 |
0.88 |
Price increase more than current rate |
39.9 |
1.08 |
41.2 |
0.94 |
47.0 |
1.18 |
49.4 |
1.10 |
52.4 |
1.17 |
Price increase similar to current rate |
19.7 |
0.88 |
18.6 |
0.72 |
18.3 |
0.88 |
17.5 |
0.83 |
18.1 |
0.86 |
Price increase less than current rate |
5.4 |
0.54 |
4.9 |
0.39 |
3.8 |
0.41 |
4.5 |
0.45 |
4.5 |
0.45 |
No changes in prices |
24.6 |
1.01 |
26.7 |
0.86 |
22.7 |
0.97 |
22.3 |
0.89 |
18.0 |
0.75 |
Decline in prices |
10.3 |
0.68 |
8.6 |
0.55 |
8.2 |
0.62 |
6.2 |
0.47 |
6.9 |
0.48 |
Cost of Housing |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
72.1 |
1.01 |
65.4 |
0.93 |
71.8 |
1.08 |
76.5 |
0.87 |
82.4 |
0.78 |
Price increase more than current rate |
47.8 |
1.10 |
43.5 |
0.97 |
50.9 |
1.21 |
55.2 |
1.09 |
60.6 |
1.16 |
Price increase similar to current rate |
19.8 |
0.87 |
17.5 |
0.71 |
16.6 |
0.87 |
16.8 |
0.81 |
17.8 |
0.86 |
Price increase less than current rate |
4.5 |
0.44 |
4.5 |
0.40 |
4.2 |
0.44 |
4.5 |
0.43 |
3.9 |
0.40 |
No changes in prices |
19.2 |
0.86 |
23.3 |
0.83 |
19.8 |
0.92 |
17.3 |
0.78 |
12.8 |
0.67 |
Decline in prices |
8.7 |
0.65 |
11.2 |
0.62 |
8.4 |
0.68 |
6.2 |
0.47 |
4.8 |
0.41 |
Cost of Services |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
77.2 |
0.98 |
76.5 |
0.82 |
80.9 |
0.88 |
79.8 |
0.85 |
83.6 |
0.73 |
Price increase more than current rate |
49.0 |
1.11 |
50.0 |
0.94 |
55.9 |
1.17 |
56.7 |
1.14 |
59.6 |
1.21 |
Price increase similar to current rate |
22.2 |
0.87 |
21.3 |
0.75 |
20.5 |
0.91 |
18.8 |
0.85 |
19.0 |
0.89 |
Price increase less than current rate |
6.1 |
0.55 |
5.2 |
0.43 |
4.5 |
0.47 |
4.3 |
0.43 |
5.0 |
0.47 |
No changes in prices |
18.6 |
0.91 |
20.1 |
0.77 |
15.7 |
0.80 |
16.6 |
0.77 |
13.4 |
0.66 |
Decline in prices |
4.2 |
0.45 |
3.4 |
0.36 |
3.4 |
0.42 |
3.6 |
0.38 |
3.1 |
0.34 |
Note: 1. The table provides estimates and standard errors for qualitative responses. 2. Constituent items may not add up to the corresponding total, due to rounding off. |
Table 1(c): General Prices for Three Months and One Year ahead – Expectations of Common Respondents in the Regular November 2021 Survey and Extended Survey of early December 2021 |
(Percentage of Respondents) |
General |
Three Months Ahead |
One Year Ahead |
Regular |
Extension |
Regular |
Extension |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Prices will increase |
89.6 |
1.50 |
80.3 |
1.94 |
90.9 |
1.53 |
85.8 |
1.71 |
Price increase more than current rate |
64.8 |
2.41 |
54.3 |
2.43 |
68.0 |
2.37 |
59.1 |
2.49 |
Price increase similar to current rate |
20.7 |
1.98 |
21.1 |
2.07 |
18.6 |
1.91 |
21.9 |
2.11 |
Price increase less than current rate |
4.0 |
0.98 |
4.9 |
1.01 |
4.3 |
1.07 |
4.8 |
1.03 |
No changes in prices |
8.4 |
1.42 |
12.2 |
1.69 |
5.7 |
1.11 |
9.1 |
1.45 |
Decline in prices |
2.1 |
0.79 |
7.5 |
1.29 |
3.4 |
1.06 |
5.1 |
1.03 |
Table 2: Inflation Expectations of Various Groups: November 2021 |
|
Current Perception |
Three Months ahead Expectation |
One Year ahead Expectation |
Mean |
Median |
Mean |
Median |
Mean |
Median |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Overall |
10.7 |
0.11 |
10.4 |
0.05 |
11.9 |
0.11 |
12.3 |
0.28 |
11.5 |
0.12 |
12.6 |
0.29 |
Gender-wise |
|
|
|
|
|
|
|
|
|
|
|
|
Male |
11.2 |
0.14 |
10.6 |
0.07 |
12.3 |
0.13 |
13.2 |
0.46 |
11.7 |
0.17 |
13.5 |
0.71 |
Female |
10.2 |
0.15 |
10.2 |
0.07 |
11.6 |
0.15 |
11.3 |
0.45 |
11.4 |
0.17 |
12.1 |
0.49 |
Category-wise |
|
|
|
|
|
|
|
|
|
|
|
|
Financial Sector Employees |
10.9 |
0.44 |
10.5 |
0.62 |
11.1 |
0.40 |
10.4 |
0.75 |
11.3 |
0.54 |
12.9 |
1.93 |
Other Employees |
11.0 |
0.20 |
10.5 |
0.10 |
12.1 |
0.20 |
12.8 |
0.66 |
11.9 |
0.22 |
13.4 |
0.85 |
Self Employed |
11.4 |
0.21 |
10.7 |
0.09 |
12.6 |
0.20 |
14.7 |
0.75 |
11.8 |
0.24 |
14.4 |
0.92 |
Homemaker |
10.1 |
0.18 |
10.2 |
0.08 |
11.6 |
0.18 |
11.4 |
0.50 |
11.2 |
0.22 |
11.9 |
0.60 |
Retired Persons |
11.9 |
0.34 |
12.1 |
1.67 |
12.7 |
0.35 |
15.0 |
1.02 |
12.1 |
0.50 |
15.6 |
0.54 |
Daily Workers |
10.8 |
0.27 |
10.5 |
0.14 |
12.0 |
0.27 |
12.7 |
0.68 |
11.3 |
0.37 |
13.0 |
0.98 |
Other category |
10.6 |
0.27 |
10.3 |
0.12 |
11.8 |
0.26 |
11.7 |
0.59 |
11.7 |
0.29 |
12.7 |
0.68 |
Age Group-wise |
|
|
|
|
|
|
|
|
|
|
|
|
Up to 25 years |
10.1 |
0.21 |
9.9 |
0.24 |
11.4 |
0.21 |
11.0 |
0.37 |
11.3 |
0.26 |
11.9 |
0.59 |
25 to 30 years |
10.4 |
0.21 |
10.2 |
0.10 |
11.7 |
0.21 |
11.8 |
0.57 |
11.3 |
0.24 |
11.8 |
0.58 |
30 to 35 years |
10.6 |
0.22 |
10.3 |
0.10 |
11.7 |
0.21 |
11.4 |
0.54 |
11.4 |
0.26 |
12.1 |
0.65 |
35 to 40 years |
10.8 |
0.21 |
10.4 |
0.09 |
11.9 |
0.20 |
12.3 |
0.59 |
11.5 |
0.25 |
13.0 |
0.91 |
40 to 45 years |
10.8 |
0.23 |
10.4 |
0.09 |
12.1 |
0.23 |
12.4 |
0.78 |
11.8 |
0.28 |
13.5 |
0.96 |
45 to 50 years |
11.0 |
0.26 |
10.5 |
0.09 |
12.3 |
0.25 |
13.5 |
1.01 |
11.6 |
0.33 |
13.7 |
1.13 |
50 to 55 years |
11.4 |
0.30 |
10.7 |
0.16 |
12.5 |
0.29 |
14.2 |
1.03 |
11.6 |
0.37 |
14.0 |
1.14 |
55 to 60 years |
11.1 |
0.29 |
10.6 |
0.12 |
12.3 |
0.29 |
13.6 |
0.99 |
11.8 |
0.35 |
14.0 |
1.09 |
60 years and above |
11.7 |
0.29 |
10.9 |
0.44 |
12.6 |
0.29 |
14.6 |
0.91 |
11.5 |
0.35 |
14.4 |
1.17 |
City-wise |
|
|
|
|
|
|
|
|
|
|
|
|
Ahmedabad |
10.6 |
0.55 |
9.9 |
1.10 |
11.8 |
0.52 |
11.5 |
1.53 |
11.7 |
0.52 |
11.8 |
1.49 |
Bengaluru |
11.0 |
0.32 |
10.6 |
0.12 |
12.3 |
0.30 |
14.6 |
1.01 |
11.9 |
0.34 |
15.4 |
0.53 |
Bhopal |
9.4 |
0.74 |
9.0 |
1.67 |
10.9 |
0.68 |
11.0 |
1.65 |
10.1 |
0.59 |
10.3 |
0.97 |
Bhubaneswar |
8.7 |
0.87 |
7.6 |
1.37 |
9.9 |
0.95 |
9.0 |
1.41 |
8.8 |
0.82 |
9.1 |
1.19 |
Chennai |
10.0 |
0.39 |
10.3 |
0.20 |
12.0 |
0.39 |
13.5 |
1.17 |
11.9 |
0.41 |
14.8 |
0.93 |
Delhi |
11.5 |
0.23 |
10.7 |
0.11 |
12.5 |
0.25 |
14.4 |
1.05 |
12.0 |
0.34 |
15.1 |
0.83 |
Guwahati |
7.5 |
0.57 |
6.7 |
0.50 |
8.1 |
0.40 |
7.8 |
0.50 |
8.3 |
0.75 |
8.2 |
0.86 |
Hyderabad |
10.8 |
0.54 |
10.6 |
0.40 |
12.3 |
0.49 |
13.9 |
1.36 |
11.8 |
0.57 |
14.7 |
1.12 |
Jaipur |
10.6 |
0.45 |
10.1 |
0.34 |
11.6 |
0.53 |
11.2 |
0.70 |
11.6 |
0.61 |
11.9 |
1.03 |
Kolkata |
10.7 |
0.35 |
10.4 |
0.16 |
11.9 |
0.31 |
12.0 |
0.62 |
11.7 |
0.30 |
12.3 |
0.65 |
Lucknow |
12.2 |
0.42 |
12.7 |
1.89 |
13.1 |
0.39 |
15.4 |
0.65 |
12.2 |
0.53 |
14.9 |
1.39 |
Mumbai |
11.0 |
0.22 |
10.2 |
0.19 |
12.2 |
0.21 |
12.1 |
0.61 |
11.3 |
0.27 |
12.0 |
0.55 |
Nagpur |
10.9 |
0.72 |
10.4 |
0.91 |
12.1 |
0.81 |
13.3 |
2.04 |
11.4 |
0.66 |
12.7 |
1.93 |
Patna |
10.6 |
0.64 |
10.2 |
0.51 |
11.6 |
0.69 |
11.8 |
1.59 |
12.1 |
0.68 |
12.7 |
1.74 |
Thiruvananthapuram |
6.7 |
0.48 |
5.5 |
0.19 |
8.7 |
0.56 |
7.8 |
0.66 |
10.6 |
0.56 |
10.5 |
0.71 |
Chandigarh |
9.2 |
0.61 |
8.7 |
0.68 |
9.9 |
0.55 |
9.7 |
0.43 |
9.3 |
0.80 |
9.7 |
0.49 |
Ranchi |
8.1 |
0.33 |
7.2 |
0.40 |
8.8 |
0.37 |
8.0 |
0.40 |
8.3 |
0.66 |
8.4 |
0.70 |
Raipur |
7.0 |
0.58 |
6.5 |
0.75 |
8.1 |
0.76 |
7.7 |
0.90 |
8.6 |
1.10 |
8.2 |
2.05 |
Note: The table provides estimates and standard errors for quantitative responses. |
Table 3(a): Households’ Current Perception, Three Months and One Year Ahead Expectations |
|
Current Perception |
Three Months ahead Expectation |
One Year ahead Expectation |
Mean |
Median |
Mean |
Median |
Mean |
Median |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Nov-20 |
9.5 |
0.11 |
8.8 |
0.18 |
10.4 |
0.11 |
10.1 |
0.09 |
9.8 |
0.13 |
10.1 |
0.11 |
May-21 |
10.4 |
0.09 |
10.2 |
0.04 |
11.4 |
0.09 |
10.8 |
0.07 |
10.7 |
0.11 |
10.9 |
0.12 |
Jul-21 |
10.5 |
0.11 |
10.3 |
0.06 |
11.7 |
0.11 |
11.3 |
0.42 |
11.0 |
0.13 |
11.5 |
0.49 |
Sep-21 |
10.4 |
0.11 |
10.2 |
0.06 |
11.4 |
0.11 |
10.8 |
0.10 |
10.8 |
0.13 |
10.9 |
0.16 |
Nov-21 |
10.7 |
0.11 |
10.4 |
0.05 |
11.9 |
0.11 |
12.3 |
0.28 |
11.5 |
0.12 |
12.6 |
0.29 |
Note: The table provides estimates and standard errors for quantitative responses. |
Table 3(b): Current Perception, Three Months and One Year Ahead Expectations of Common Respondents in the Regular November 2021 Survey and Extended Survey of early December 2021 |
|
Current Perception |
Three Months ahead Expectation |
One Year ahead Expectation |
Mean |
Median |
Mean |
Median |
Mean |
Median |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Regular |
10.8 |
0.23 |
10.4 |
0.12 |
12.0 |
0.22 |
11.9 |
0.65 |
11.5 |
0.26 |
12.3 |
0.67 |
Extension |
10.5 |
0.25 |
10.1 |
0.24 |
11.2 |
0.25 |
10.8 |
0.27 |
10.5 |
0.28 |
10.9 |
0.31 |
Note: The table provides estimates and standard errors for quantitative responses. |
Table 4: Households Expecting General Price Movements in Coherence with Movements in Price Expectations of Various Product Groups: Three Months Ahead and One Year Ahead |
(Percentage of Respondents) |
Survey period ended |
Food |
Non-Food |
Households durables |
Housing |
Cost of services |
Three Months Ahead |
Nov-20 |
62.7 |
63.5 |
52.4 |
54.0 |
60.7 |
May-21 |
68.0 |
65.1 |
51.8 |
50.3 |
60.5 |
Jul-21 |
67.6 |
69.0 |
58.4 |
56.9 |
65.0 |
Sep-21 |
68.9 |
69.0 |
59.4 |
59.9 |
66.5 |
Nov-21 |
69.7 |
70.4 |
58.8 |
63.3 |
65.5 |
One Year Ahead |
Nov-20 |
66.4 |
65.9 |
56.7 |
62.1 |
68.9 |
May-21 |
68.3 |
67.1 |
57.7 |
57.1 |
67.2 |
Jul-21 |
70.1 |
71.0 |
63.3 |
63.5 |
71.4 |
Sep-21 |
71.4 |
72.8 |
64.7 |
67.0 |
73.6 |
Nov-21 |
73.6 |
74.7 |
66.1 |
70.0 |
73.1 |
Note: Figures are based on sample observations |
Table 5(a): Cross-tabulation of Number of Respondents by Current Inflation Perception and Three Months Ahead Inflation Expectations: November 2021 |
Three Months Ahead Inflation Rate (per cent) |
Current Inflation Rate (per cent) |
|
<1 |
1-<2 |
2-<3 |
3-<4 |
4-<5 |
5-<6 |
6-<7 |
7-<8 |
8-<9 |
9-<10 |
10-<11 |
11-<12 |
12-<13 |
13-<14 |
14-<15 |
15-<16 |
>=16 |
No idea |
Total |
<1 |
3 |
2 |
1 |
2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
8 |
1-<2 |
1 |
15 |
8 |
5 |
2 |
2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
33 |
2-<3 |
0 |
6 |
32 |
48 |
34 |
21 |
4 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
145 |
3-<4 |
1 |
1 |
7 |
38 |
41 |
46 |
17 |
1 |
3 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
157 |
4-<5 |
0 |
0 |
2 |
3 |
55 |
78 |
28 |
8 |
8 |
0 |
4 |
0 |
1 |
0 |
0 |
1 |
0 |
0 |
188 |
5-<6 |
0 |
1 |
6 |
19 |
18 |
246 |
121 |
157 |
69 |
9 |
113 |
3 |
2 |
2 |
0 |
16 |
4 |
0 |
786 |
6-<7 |
0 |
0 |
0 |
3 |
3 |
5 |
100 |
57 |
67 |
11 |
22 |
1 |
3 |
2 |
0 |
1 |
1 |
0 |
276 |
7-<8 |
0 |
0 |
0 |
3 |
1 |
4 |
11 |
109 |
82 |
61 |
64 |
3 |
11 |
1 |
0 |
4 |
1 |
0 |
355 |
8-<9 |
1 |
0 |
0 |
0 |
3 |
2 |
6 |
4 |
113 |
63 |
130 |
18 |
23 |
3 |
2 |
6 |
3 |
0 |
377 |
9-<10 |
0 |
0 |
0 |
0 |
0 |
3 |
0 |
4 |
0 |
62 |
68 |
37 |
33 |
8 |
3 |
2 |
3 |
0 |
223 |
10-<11 |
0 |
0 |
0 |
0 |
1 |
26 |
4 |
10 |
16 |
7 |
339 |
52 |
203 |
64 |
24 |
329 |
183 |
0 |
1258 |
11-<12 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
2 |
0 |
11 |
10 |
12 |
3 |
6 |
1 |
0 |
45 |
12-<13 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
2 |
0 |
28 |
15 |
22 |
39 |
20 |
0 |
127 |
13-<14 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
4 |
7 |
8 |
2 |
0 |
22 |
14-<15 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
6 |
1 |
17 |
0 |
25 |
15-<16 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
1 |
2 |
0 |
5 |
1 |
0 |
1 |
3 |
90 |
229 |
0 |
333 |
>=16 |
1 |
0 |
0 |
0 |
0 |
7 |
0 |
1 |
1 |
0 |
31 |
1 |
0 |
3 |
0 |
26 |
1480 |
1 |
1552 |
Total |
7 |
25 |
56 |
121 |
158 |
441 |
291 |
352 |
362 |
215 |
779 |
127 |
316 |
115 |
70 |
529 |
1945 |
1 |
5910 |
Note: Figures are based on sample observations |
Table 5(b): Cross-tabulation of Number of Respondents by Current Inflation Perception and One Year Ahead Inflation Expectations: November 2021 |
One Year Ahead Inflation Rate (per cent) |
Current Inflation Rate (per cent) |
|
<1 |
1-<2 |
2-<3 |
3-<4 |
4-<5 |
5-<6 |
6-<7 |
7-<8 |
8-<9 |
9-<10 |
10-<11 |
11-<12 |
12-<13 |
13-<14 |
14-<15 |
15-<16 |
>=16 |
No idea |
Total |
<1 |
3 |
0 |
1 |
2 |
0 |
2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
8 |
1-<2 |
5 |
7 |
6 |
4 |
3 |
7 |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
33 |
2-<3 |
20 |
2 |
16 |
23 |
33 |
31 |
3 |
5 |
3 |
2 |
6 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
145 |
3-<4 |
14 |
1 |
4 |
25 |
28 |
33 |
21 |
9 |
7 |
2 |
8 |
1 |
0 |
1 |
0 |
3 |
0 |
0 |
157 |
4-<5 |
21 |
1 |
2 |
1 |
35 |
37 |
42 |
12 |
18 |
2 |
9 |
1 |
1 |
0 |
0 |
4 |
2 |
0 |
188 |
5-<6 |
84 |
0 |
3 |
10 |
10 |
144 |
69 |
136 |
75 |
27 |
126 |
5 |
16 |
2 |
4 |
44 |
26 |
5 |
786 |
6-<7 |
36 |
0 |
0 |
0 |
2 |
3 |
59 |
36 |
59 |
25 |
32 |
3 |
9 |
0 |
1 |
3 |
8 |
0 |
276 |
7-<8 |
19 |
0 |
0 |
1 |
2 |
7 |
7 |
65 |
47 |
59 |
97 |
13 |
13 |
6 |
3 |
6 |
10 |
0 |
355 |
8-<9 |
25 |
0 |
0 |
0 |
0 |
3 |
2 |
1 |
72 |
36 |
121 |
30 |
43 |
4 |
8 |
15 |
17 |
0 |
377 |
9-<10 |
19 |
0 |
0 |
0 |
0 |
0 |
0 |
2 |
2 |
31 |
43 |
33 |
46 |
12 |
5 |
20 |
10 |
0 |
223 |
10-<11 |
98 |
0 |
0 |
0 |
1 |
9 |
1 |
7 |
7 |
8 |
216 |
26 |
133 |
48 |
39 |
302 |
362 |
1 |
1258 |
11-<12 |
8 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
4 |
4 |
10 |
6 |
8 |
5 |
0 |
45 |
12-<13 |
12 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
2 |
0 |
15 |
8 |
17 |
27 |
45 |
0 |
127 |
13-<14 |
3 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
4 |
0 |
9 |
6 |
0 |
22 |
14-<15 |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
5 |
0 |
18 |
0 |
25 |
15-<16 |
30 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
0 |
9 |
0 |
1 |
0 |
1 |
52 |
239 |
0 |
333 |
>=16 |
170 |
0 |
0 |
0 |
0 |
2 |
0 |
0 |
1 |
1 |
16 |
0 |
0 |
0 |
0 |
12 |
1349 |
1 |
1552 |
Total |
568 |
11 |
32 |
66 |
114 |
278 |
204 |
274 |
293 |
193 |
685 |
116 |
283 |
95 |
89 |
505 |
2097 |
7 |
5910 |
Note: Figures are based on sample observations |
|