Consumer Confidence Survey - ଆରବିଆଇ - Reserve Bank of India
Consumer Confidence Survey
Today, the Reserve Bank released the results of November 2023 round of its bi-monthly consumer confidence survey (CCS)[1]. The survey collects current perceptions (vis-à-vis a year ago) and one year ahead expectations of households on general economic situation, employment scenario, overall price situation and own income and spending across 19 major cities. The latest round of the survey was conducted during November 2-11, 2023, covering 6,082 respondents. Female respondents accounted for 52.8 per cent of this sample. Highlights:
Note: Please see the excel file for time series data[3]
Table 1: Perceptions and Expectations on the General Economic Situation
Table 2: Perceptions and Expectations on Employment
Table 3: Perceptions and Expectations on Price Level
Table 4: Perceptions and Expectations on Rate of Change in Price Level (Inflation)*
Table 5: Perceptions and Expectations on Income
Table 6: Perceptions and Expectations on Spending
Table 7: Perceptions and Expectations on Spending- Essential Items
Table 8: Perceptions and Expectations on Spending- Non-Essential Items
***** [1] The survey results reflect the respondents’ views, which are not necessarily shared by the Reserve Bank. Results of the previous survey round were released on the Bank’s website on October 06, 2023. [2] CSI and FEI are compiled on the basis of net responses on the economic situation, income, spending, employment and the price level for the current period (as compared with one year ago) and a year ahead, respectively. CSI and FEI = 100 + Average of Net Responses of the above parameters. [3] Unit-level data for previous rounds of the survey are available on the Bank’s ‘Database on Indian Economy’ (DBIE) portal (weblink: https://dbie.rbi.org.in/#/dbie/home) under the head ‘Unit-level Data’. [4] ‘Net response’ is the difference between the percentage of respondents reporting optimism and those reporting pessimisms. It ranges between -100 and 100. Any value greater than zero indicates expansion/ optimism and values less than zero indicate contraction/ pessimism. |