The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households (IESH). The May 2021 round of the survey is now being launched. The survey aims at capturing subjective assessments on price movements and inflation, of approximately 6,000 households, based on their individual consumption baskets, across 18 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram. The survey seeks qualitative responses from households on price changes (general prices as well as prices of specific product groups) in the three months ahead as well as in the one year ahead period and quantitative responses on current, three months ahead and one year ahead inflation rates. The results of this survey provide useful inputs for monetary policy.

The agency, M/s Hansa Research Group Pvt. Ltd., Mumbai has been engaged to conduct the survey of this round on behalf of the Reserve Bank of India over telephone (instead of regular personal interview mode) in view of the Covid-19 pandemic. For this purpose, the selected households will be approached by the agency over telephone and they will be requested to provide their responses over telephone. Other individuals, who are not approached by the agency, can also participate in this survey by providing their responses using the linked survey schedule. The filled in survey schedule may be e-mailed as per the contact details given below. In case of any query/clarification, kindly contact at the following address:

The Director,
Division of Household Surveys,
Department of Statistics and Information Management, Reserve Bank of India,
C-8, 2nd Floor, Bandra-Kurla Complex, Bandra (East),
Mumbai-400051; Phone: 022-2657 8398, 022-2657 8332;
Please click here to send email.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/127