Inflation Expectations Survey of Households: March - 2016

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Published on April 05, 2016

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Inflation Expectations Survey of Households: March - 2016

The Inflation Expectations Survey of Households for March 2016 (43rd round) captures the inflation expectations of 5,404 urban households across 18 cities, for the next three month period and the next one year period. These expectations are based on their individual consumption baskets and hence these rates should not be considered as benchmark of official measure of inflation. Inflation expectations of households provide useful directional information on near-term inflationary pressures and also supplement other economic indicators. As per the recommendation of Technical Advisory Committee on Surveys (TACS), the Reserve Bank has increased the coverage to include Chandigarh, Raipur and Ranchi and excluded Kolhapur. The comparable data for 16 cities and 18 cities are in Annex. As can be observed from the Annex, both the data show more or less similar trends in inflation perception and expectations for March 2015 - March 2016 period.

Highlights:

In terms of qualitative response, the proportion of respondents expecting price rise by ‘more than current rate’ in respect of general price level as well as prices of all product groups (except housing prices for three-month ahead period), has decreased as compared with the previous round of survey for both three-month ahead period and one-year ahead period (Table 2).
In terms of quantitative responses, inflation perception and expectations of households moderated in current round as compared to December 2015 round. (Chart1).

The survey shows that daily workers, unemployed and students, and housewives have comparatively higher inflation expectations for three month ahead period based on median inflation rates. Respondents from Guwahati, Ahmedabad, Kolkata, Jaipur and Thiruvananthapuram expect relatively higher inflation for next three months.

Table 1: Respondents’ Profile (Category): Share in Total Sample
Category of Respondents	Share in Total (%) -18 cities	Share in Total (%) -16 cities	Target Share (%)
Financial Sector Employees	10.0	10.0	10.0
Other Employees	15.2	15.2	15.0
Self-employed	19.9	19.8	20.0
Housewives	29.8	29.8	30.0
Retired Persons	10.1	10.1	10.0
Daily Workers	10.0	10.1	10.0
Others	5.0	5.0	5.0
Note: The above sample proportion is for the round ended March, 2016 survey

Table 2: Product-wise Expectations of Prices for Three-month Ahead and One-year Ahead
(Percentage of respondents)
a) For 18 cities
Round No./survey period	39	40	41	42	43	39	40	41	42	43
(Round ended) →	Mar-15	Jun-15	Sep-15	Dec-15	Mar-16	Mar-15	Jun-15	Sep-15	Dec-15	Mar-16
Options: General	Three-month Ahead					One-Year Ahead
Prices will increase	74.1	81.9	82.8	86.7	79.7	82.7	91.0	90.6	90.9	89.5
Price increase more than current rate	27.7	34.5	36.3	35.7	31.4	33.8	41.2	43.6	41.6	37.4
Price increase similar to current rate	24.0	25.3	21.2	29.5	26.4	27.1	29.3	23.8	28.5	31.6
Price increase less than current rate	22.5	22.1	25.4	21.5	21.9	21.8	20.6	23.2	20.9	20.6
No change in prices	15.2	13.4	12.3	9.0	16.6	9.6	5.8	5.5	5.6	7.5
Decline in price	10.7	4.7	4.8	4.3	3.7	7.7	3.1	3.9	3.5	2.9
Options: Food Product	Three-month Ahead					One-Year Ahead
Prices will increase	75.1	84.1	84.1	85.9	81.1	83.0	92.3	89.6	90.6	88.3
Price increase more than current rate	27.2	35.2	37.5	34.9	30.3	32.5	39.5	42.8	41.2	34.7
Price increase similar to current rate	25.3	26.8	23.2	30.1	29.0	28.2	31.0	24.2	29.2	32.8
Price increase less than current rate	22.7	22.1	23.3	20.9	21.8	22.3	21.8	22.6	20.2	20.9
No change in prices	14.6	11.1	10.4	8.8	14.3	9.3	5.0	6.1	5.6	8.5
Decline in price	10.2	4.8	5.5	5.3	4.6	7.7	2.7	4.3	3.9	3.2
Options: Non-Food Product	Three-month Ahead					One-Year Ahead
Prices will increase	65.8	76.8	73.5	74.3	70.8	77.0	86.2	82.8	81.9	81.4
Price increase more than current rate	21.3	27.7	26.8	23.7	23.4	26.4	32.1	32.1	29.2	26.6
Price increase similar to current rate	24.1	27.2	23.2	29.1	26.6	27.8	30.7	24.4	29.6	32.1
Price increase less than current rate	20.4	21.8	23.5	21.5	20.8	22.9	23.5	26.3	23.1	22.7
No change in prices	23.4	20.0	21.4	20.8	24.6	15.2	10.9	12.8	13.8	14.9
Decline in price	10.7	3.2	5.2	5.0	4.6	7.8	2.9	4.4	4.3	3.7
Options: Household Durables	Three-month Ahead					One-Year Ahead
Prices will increase	69.9	70.1	65.7	68.6	70.9	78.8	83.0	78.4	78.9	80.0
Price increase more than current rate	25.0	26.0	24.6	22.1	22.5	28.8	32.4	32.0	29.2	28.7
Price increase similar to current rate	24.1	24.9	19.1	26.3	27.0	29.0	28.9	22.8	29.4	30.2
Price increase less than current rate	20.8	19.2	22.1	20.2	21.4	21.0	21.7	23.6	20.3	21.1
No change in prices	20.4	22.9	25.0	22.5	20.5	14.2	12.2	14.7	14.0	13.7
Decline in price	9.7	7.1	9.2	8.8	8.6	7.0	4.9	7.0	7.2	6.3
Options: Housing Prices	Three-month Ahead					One-Year Ahead
Prices will increase	82.8	81.3	79.8	80.2	78.3	89.9	90.2	89.4	88.4	86.0
Price increase more than current rate	44.0	42.8	42.2	39.9	40.7	51.1	50.1	52.4	48.7	47.8
Price increase similar to current rate	22.0	23.9	20.3	25.1	22.7	22.9	24.5	19.2	24.9	24.2
Price increase less than current rate	16.7	14.7	17.4	15.3	15.0	15.9	15.5	17.9	14.8	14.0
No change in prices	12.0	14.0	14.2	13.3	14.8	5.5	6.5	6.2	6.9	8.1
Decline in price	5.2	4.7	6.0	6.5	6.8	4.6	3.4	4.3	4.7	6.0
Options: Cost of Services	Three-month Ahead					One-Year Ahead
Prices will increase	78.3	80.5	74.2	81.6	76.1	86.6	89.8	87.0	90.4	87.0
Price increase more than current rate	30.7	33.5	31.5	35.9	29.6	36.5	39.1	40.3	42.0	37.4
Price increase similar to current rate	25.9	27.6	20.5	27.2	26.8	28.9	30.2	22.1	28.6	29.5
Price increase less than current rate	21.7	19.5	22.2	18.5	19.7	21.2	20.6	24.6	19.9	20.1
No change in prices	17.8	17.6	22.4	15.4	20.2	9.7	8.2	9.8	7.0	10.0
Decline in price	4.0	1.9	3.5	3.0	3.7	3.7	2.0	3.3	2.6	3.1

b) For 16 cities
Round No./survey period	39	40	41	42	43	39	40	41	42	43
(Round ended) →	Mar-15	Jun-15	Sep-15	Dec-15	Mar-16	Mar-15	Jun-15	Sep-15	Dec-15	Mar-16
Options: General	Three-month Ahead					One-year Ahead
Prices will increase	73.6	81.0	81.1	85.4	78.2	82.2	90.9	89.0	90.0	88.5
Price increase more than current rate	28.3	34.4	32.1	31.5	28.7	32.9	41.7	38.8	36.2	34.7
Price increase similar to current rate	24.0	24.3	22.1	31.3	27.3	28.8	28.8	24.8	30.0	32.4
Price increase less than current rate	21.2	22.3	26.9	22.6	22.2	20.6	20.4	25.4	23.8	21.4
No change in prices	15.4	13.9	12.8	9.8	17.7	10.0	5.8	5.8	5.9	8.0
Decline in price	11.1	5.2	6.1	4.8	4.1	7.8	3.3	5.2	4.0	3.5
Options: Food Product	Three-month Ahead					One-year Ahead
Prices will increase	74.4	83.1	82.0	84.6	80.3	82.4	91.9	87.6	89.8	87.2
Price increase more than current rate	27.9	35.1	33.7	31.5	28.9	32.0	39.1	38.2	36.8	32.8
Price increase similar to current rate	25.2	25.7	24.2	31.7	29.8	29.2	30.5	25.3	30.4	33.5
Price increase less than current rate	21.3	22.3	24.1	21.4	21.6	21.1	22.3	24.0	22.6	21.0
No change in prices	15.0	11.7	11.2	9.3	14.9	9.9	5.2	6.6	5.9	9.2
Decline in price	10.6	5.3	6.9	6.0	4.8	7.7	3.0	5.8	4.3	3.6
Options: Non-Food Product	Three-month Ahead					One-year Ahead
Prices will increase	64.2	76.0	71.3	72.7	70.0	76.0	85.6	80.4	80.7	80.3
Price increase more than current rate	21.7	27.7	24.7	21.9	23.2	25.8	31.7	29.0	26.1	26.7
Price increase similar to current rate	24.0	26.3	22.7	29.2	25.8	28.4	30.3	23.6	29.8	31.0
Price increase less than current rate	18.5	21.9	23.9	21.7	21.0	21.7	23.6	27.7	24.8	22.7
No change in prices	24.6	20.6	22.4	21.8	24.9	16.3	11.2	13.8	15.0	15.5
Decline in price	11.2	3.4	6.3	5.5	5.2	7.7	3.1	5.8	4.4	4.2
Options: Household Durables	Three-month Ahead					One-year Ahead
Prices will increase	68.2	69.1	63.3	67.9	70.2	77.6	82.2	75.5	77.0	79.2
Price increase more than current rate	25.4	25.9	22.1	20.6	22.1	29.2	31.8	28.6	26.1	28.6
Price increase similar to current rate	24.4	24.2	18.9	26.9	26.8	29.2	28.7	22.1	29.2	29.5
Price increase less than current rate	18.4	19.0	22.3	20.4	21.4	19.2	21.7	24.8	21.6	21.1
No change in prices	21.6	23.5	26.3	22.6	20.7	15.5	12.7	15.9	15.2	14.0
Decline in price	10.2	7.4	10.5	9.5	9.0	6.9	5.2	8.6	7.8	6.8
Options: Housing Prices	Three-month Ahead					One-year Ahead
Prices will increase	83.2	81.4	77.8	79.6	77.5	90.3	90.1	87.3	87.7	85.3
Price increase more than current rate	46.7	43.1	38.7	38.6	39.1	53.1	50.3	48.7	45.4	45.8
Price increase similar to current rate	21.5	23.7	20.8	26.1	23.1	23.0	24.3	19.4	25.8	24.9
Price increase less than current rate	14.9	14.5	18.3	14.9	15.4	14.2	15.5	19.2	16.5	14.6
No change in prices	11.8	13.8	14.9	13.2	15.3	5.4	6.5	7.0	7.0	8.2
Decline in price	5.0	4.8	7.3	7.2	7.2	4.4	3.4	5.8	5.3	6.5
Options: Cost of Services	Three-month Ahead					One-year Ahead
Prices will increase	78.5	79.9	72.0	80.2	75.2	86.9	89.7	84.9	89.8	86.3
Price increase more than current rate	32.7	34.2	28.4	33.2	28.1	37.6	39.5	36.9	38.1	35.3
Price increase similar to current rate	25.7	26.7	20.7	28.3	27.0	29.5	29.7	22.1	29.8	30.0
Price increase less than current rate	20.0	19.1	22.9	18.8	20.1	19.9	20.5	25.8	21.9	21.0
No change in prices	17.9	18.0	23.4	16.3	20.6	9.7	8.2	10.6	7.2	10.3
Decline in price	3.6	2.1	4.7	3.5	4.2	3.3	2.1	4.5	3.0	3.5

Table 3: Households Expecting General Price Movements in Coherence with Movements in Price Expectations of Various Product Groups: Three-month Ahead and One-year Ahead
(Percentage of respondents)
a) For 18 cities
Round No.	Survey period ended	Food	Non-Food	Households durables	Housing	Cost of services
Three-month Ahead
39	Mar-15	69.8	59.2	46.2	45.4	50.0
40	Jun-15	68.7	52.3	48.5	49.3	52.8
41	Sep-15	70.0	58.1	50.6	54.0	56.1
42	Dec-15	73.2	59.4	51.4	54.4	60.9
43	Mar-16	69.6	63.2	59.1	58.7	64.6
One-year Ahead
39	Mar-15	71.2	63.5	53.8	54.7	57.6
40	Jun-15	71.0	63.3	59.4	59.6	62.9
41	Sep-15	70.3	59.5	55.4	60.8	60.6
42	Dec-15	77.8	63.9	60.2	61.6	67.2
43	Mar-16	73.1	67.4	66.6	63.9	69.2

b) For 16 cities
Round No.	Survey period ended	Food	Non-Food	Households durables	Housing	Cost of services
Three-month Ahead
39	Mar-15	68.8	57.3	43.3	43.1	47.5
40	Jun-15	67.8	51.3	47.2	48.4	52.2
41	Sep-15	70.0	58.9	50.8	53.0	55.9
42	Dec-15	72.6	58.6	51.1	52.8	59.1
43	Mar-16	70.2	64.6	60.9	57.7	64.8
One-year Ahead
39	Mar-15	70.5	61.8	51.5	52.0	55.8
40	Jun-15	70.2	62.2	58.5	59.8	62.8
41	Sep-15	69.5	60.4	54.7	59.0	60.0
42	Dec-15	76.8	63.2	58.8	60.2	65.8
43	Mar-16	72.8	68.6	67.8	63.4	69.0

Table 4: Household Inflation Expectations - Current, Three-Month Ahead and One-year Ahead
a) For 18 cities
Survey Round	Survey period Ended	Inflation Rate in Per cent
		Current			Three-month Ahead			One-year Ahead
		Mean	Median	Std. Dev.	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.
39	Mar-15	9.1	9.0	4.0	9.0	8.5	4.3	9.6	9.2	4.5
40	Jun-15	9.9	9.5	4.0	10.1	10.0	4.4	10.7	10.2	4.4
41	Sep-15	10.4	9.8	4.3	10.6	10.4	4.3	11.2	11.1	4.5
42	Dec-15	10.5	9.9	4.2	10.5	9.9	4.1	10.7	10.0	4.3
43	Mar-16	8.9	7.9	4.4	8.8	8.1	4.6	9.7	9.4	4.6

b) For 16 cities
Survey Round	Survey period Ended	Inflation Rate in Per cent
		Current			Three-month Ahead			One-year Ahead
		Mean	Median	Std. Dev.	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.
39	Mar-15	9.1	9.0	4.0	9.0	8.5	4.3	9.6	9.1	4.5
40	Jun-15	10.0	9.5	4.1	10.1	10.1	4.5	10.8	10.3	4.4
41	Sep-15	10.6	9.9	4.4	10.7	10.5	4.5	11.1	10.8	4.6
42	Dec-15	11.0	10.3	4.2	10.9	10.3	4.1	11.2	10.5	4.3
43	Mar-16	9.1	8.4	4.5	9.0	8.3	4.7	9.9	9.5	4.7

Table 5: Factors that Explain the Total Variability
a) For 18 cities
Round No.	Survey period ended	Current	Three-month Ahead	One-year Ahead
39	Mar-15	City	City	City
40	Jun-15	City, Category	City, Category, Age-Group	City, Category
41	Sep-15	City, Age-Group, Gender	City, Age-Group, Gender	City, Age-Group, Gender
42	Dec-15	City, Age-Group	City, Age-Group	City, Age-Group
43	Mar-16	City, Age-Group	City	City, Category

b) For 16 cities
Round No.	Survey period ended	Current	Three-month Ahead	One-year Ahead
39	Mar-15	City	City	City
40	Jun-15	City, Category, Age-Group	City, Category, Age-Group	City, Category, Gender
41	Sep-15	City, Age-Group	City, Age-Group	City, Age-Group, Gender
42	Dec-15	City, Age-Group	City, Category, Age-Group	City, Age-Group
43	Mar-16	City	City	City

Table 6 : Various Group-wise Inflation Expectations for March 2016 Survey Round- 18 cities

	Current			Three-month Ahead			One-year Ahead
	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.
Gender-wise
Male	8.9	7.8	4.5	8.8	8.0	4.6	9.7	9.3	4.6
Female	8.8	7.9	4.4	8.9	8.3	4.6	9.7	9.5	4.6

Financial Sector Employees	8.7	7.6	4.3	8.6	7.9	4.5	9.5	9.2	4.6
Other Employees	8.9	7.7	4.4	8.8	7.9	4.5	9.7	9.3	4.6
Self Employed	8.8	7.8	4.5	8.6	7.8	4.6	9.5	9.3	4.6
Housewives	8.8	7.9	4.4	8.9	8.3	4.5	9.7	9.5	4.6
Retired Persons	9.0	7.8	4.6	8.9	8.2	4.5	9.6	9.1	4.7
Daily Workers	9.2	8.5	4.6	9.2	8.6	4.7	10.3	10.2	4.8
Other Category	8.7	8.4	4.3	9.1	8.4	4.6	9.6	9.3	4.5

Up to 25 years	8.4	7.5	4.2	8.6	7.8	4.4	9.5	9.2	4.5
25 to 30 years	8.3	7.4	4.3	8.4	7.6	4.5	9.3	9.2	4.6
30 to 35 years	8.9	7.9	4.5	8.9	8.1	4.5	9.7	9.4	4.7
35 to 40 years	8.9	8.0	4.5	8.9	8.3	4.6	9.8	9.5	4.7
40 to 45 years	8.9	7.7	4.4	8.8	8.1	4.6	9.8	9.6	4.7
45 to 50 years	9.1	8.3	4.5	9.1	8.4	4.6	9.9	9.4	4.8
50 to 55 years	9.8	9.4	4.6	9.5	9.1	4.7	10.4	10.1	4.7
55 to 60 years	9.7	8.8	4.7	9.6	9.2	4.6	10.4	10.1	4.7
60 years and Above	9.2	8.2	4.5	8.9	8.3	4.5	9.6	9.2	4.6

Ahmadabad	11.9	10.9	4.4	13.0	15.6	4.3	13.7	16.1	4.0
Bengaluru	4.1	3.6	2.1	4.3	3.7	2.6	4.8	4.0	3.2
Bhopal	6.0	5.2	3.3	6.7	5.6	4.0	7.8	7.3	4.8
Bhubaneswar	8.9	8.0	4.6	9.1	8.3	5.0	9.4	9.2	5.2
Chennai	10.4	10.1	4.3	10.0	9.5	4.8	11.0	10.6	4.5
Delhi	7.3	6.3	3.1	7.5	6.7	3.8	8.1	7.5	3.9
Guwahati	14.4	16.1	3.4	14.3	16.2	3.6	14.5	16.2	3.3
Hyderabad	7.7	6.6	3.9	6.5	5.8	3.0	8.4	8.0	4.1
Jaipur	12.1	14.3	4.6	11.0	10.6	5.1	12.8	15.3	4.2
Kolkata	11.0	10.4	4.7	11.4	11.0	4.8	11.5	11.2	4.6
Lucknow	8.4	7.3	4.4	7.6	6.5	4.2	9.3	9.2	4.4
Mumbai	7.8	7.1	3.1	7.7	7.3	3.5	8.4	7.9	3.7
Nagpur	5.5	5.4	2.0	6.0	6.0	2.4	6.7	6.6	2.7
Patna	9.0	9.0	1.6	10.1	10.2	1.9	11.2	11.4	2.3
Thiruvananthapuram	12.8	13.6	3.6	10.2	10.5	4.4	12.1	12.5	4.2
Chandigarh	9.3	9.0	4.6	9.7	8.9	4.5	9.9	9.5	4.8
Ranchi	7.1	7.0	1.5	8.2	8.2	1.6	9.6	9.9	2.3
Raipur	5.1	5.2	1.5	5.5	5.4	2.0	5.7	5.4	2.3
All	8.9	7.9	4.4	8.8	8.1	4.6	9.7	9.4	4.6

Table 6 : Various Group-wise Inflation Expectations for March 2016 Survey Round- 16 cities

	Current			Three-month Ahead			One-year Ahead
	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.
Gender-wise
Male	9.1	8.4	4.5	9.0	8.2	4.7	9.9	9.6	4.7
Female	9.0	8.3	4.4	9.0	8.4	4.6	9.8	9.5	4.7

Financial Sector Employees	8.8	8.0	4.3	8.9	8.1	4.5	9.7	9.4	4.7
Other Employees	9.0	8.1	4.4	8.8	7.9	4.6	9.8	9.4	4.6
Self Employed	9.0	8.3	4.5	8.8	7.9	4.7	9.8	9.5	4.7
Housewives	9.0	8.4	4.4	9.0	8.6	4.6	9.8	9.6	4.7
Retired Persons	9.3	8.3	4.6	9.1	8.4	4.7	9.8	9.3	4.8
Daily Workers	9.4	9.2	4.7	9.3	8.9	4.9	10.4	10.4	5.0
Other Category	8.8	8.5	4.4	9.1	8.4	4.6	9.6	9.2	4.6

Up to 25 years	8.6	7.8	4.3	8.6	7.7	4.5	9.6	9.2	4.6
25 to 30 years	8.6	7.8	4.4	8.6	7.7	4.7	9.5	9.3	4.6
30 to 35 years	9.1	8.5	4.5	9.0	8.3	4.7	9.9	9.5	4.8
35 to 40 years	9.1	8.7	4.5	9.2	8.6	4.7	10.0	9.7	4.7
40 to 45 years	9.0	8.2	4.4	8.9	8.3	4.7	9.9	9.7	4.7
45 to 50 years	9.3	8.8	4.4	9.3	8.8	4.6	10.2	9.7	4.8
50 to 55 years	9.9	9.7	4.6	9.5	9.2	4.8	10.4	10.2	4.7
55 to 60 years	10.0	9.5	4.7	9.9	9.7	4.7	10.6	10.4	4.8
60 years and Above	9.4	8.8	4.5	9.0	8.5	4.6	9.8	9.4	4.7

Ahmadabad	11.9	10.9	4.4	13.0	15.6	4.3	13.7	16.1	4.0
Bengaluru	4.1	3.6	2.1	4.3	3.7	2.6	4.8	4.0	3.2
Bhopal	6.0	5.2	3.3	6.7	5.6	4.0	7.8	7.3	4.8
Bhubaneswar	8.9	8.0	4.6	9.1	8.3	5.0	9.4	9.2	5.2
Chennai	10.4	10.1	4.3	10.0	9.5	4.8	11.0	10.6	4.5
Delhi	7.3	6.3	3.1	7.5	6.7	3.8	8.1	7.5	3.9
Guwahati	14.4	16.1	3.4	14.3	16.2	3.6	14.5	16.2	3.3
Hyderabad	7.7	6.6	3.9	6.5	5.8	3.0	8.4	8.0	4.1
Jaipur	12.1	14.3	4.6	11.0	10.6	5.1	12.8	15.3	4.2
Kolhapur	7.6	7.1	3.1	8.2	7.2	3.7	9.0	8.1	4.2
Kolkata	11.0	10.4	4.7	11.4	11.0	4.8	11.5	11.2	4.6
Lucknow	8.4	7.3	4.4	7.6	6.5	4.2	9.3	9.2	4.4
Mumbai	7.8	7.1	3.1	7.7	7.3	3.5	8.4	7.9	3.7
Nagpur	5.5	5.4	2.0	6.0	6.0	2.4	6.7	6.6	2.7
Patna	9.0	9.0	1.6	10.1	10.2	1.9	11.2	11.4	2.3
Thiruvananthapuram	12.8	13.6	3.6	10.2	10.5	4.4	12.1	12.5	4.2
All	9.1	8.4	4.5	9.0	8.3	4.7	9.9	9.5	4.7

Table 7: Cross-tabulation of Current and Three-month Ahead Inflation Expectations: - Mar 2016
(Number of respondents)
a) For 18 cities
	Three-month 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	12	6	1															1	20
	1-2	5	30	16	8	4	2	1												66
	2-3	4	31	55	42	34	7	2	1		1	1	1						3	182
	3-4	2	23	47	94	50	27	7	4	3		1							2	260
	4-5	2	9	69	83	149	75	63	22	7	9	3	1	1		2			4	499
	5-6		7	48	70	206	219	171	85	36	17	20	3		1		2		9	894
	6-7		1	3	8	23	137	102	86	53	20	5	3			1			6	448
	7-8		4	8	8	13	12	42	123	96	38	22	9	2	2	2			2	383
	8-9			6	3	3	6	6	25	64	103	56	5	7		1	3		1	289
	9-10					9	9	9	13	113	155	59	44	29	6	41	7	35	2	531
	10-11				5	12	41	14	21	27	38	119	40	46	9	11	30	37	8	458
	11-12					1	5	3	3	10	8	17	26	12	15	5	2	12		119
	12-13						5		2	8	3	3	5	26	13	9	6	9	1	90
	13-14									5	1	4	5	5	9	6	3	8	1	47
	14-15					2	1	3	1	5	6	2	1	7	6	23	13	56	1	127
	15-16					2	14	3	3	4	5	20	4	7	9	12	40	74	4	201
	>=16				1	3	13	4	6	4	22	59	7	3	7	12	18	608	23	790
	Total	25	111	253	322	511	573	430	395	435	426	391	154	145	77	125	124	839	68	5404

b) For 16 cities
	Three-month 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	12	5																1	18
	1-2	5	27	16	7	2	1													58
	2-3	4	30	55	36	28	7		1		1	1							2	165
	3-4	2	21	45	84	37	22	6	2	3		1							1	224
	4-5		6	64	86	151	56	57	19	7	7	3	1	1		2			3	463
	5-6		7	46	64	185	199	116	63	31	14	20	2		1		2		8	758
	6-7			3	7	24	130	92	37	29	18	5	4			1			1	351
	7-8		4	8	8	13	12	50	116	52	32	22	6	2	2	1				328
	8-9			6	3	2	6	7	25	61	69	56	5	6		1	2		1	250
	9-10					9	9	10	12	109	154	56	40	30	5	38	6	33	2	513
	10-11				5	11	40	14	21	26	39	118	39	61	13	11	29	35	6	468
	11-12					1	5	3	3	10	9	16	26	11	13	4	2	13		116
	12-13						5		2	8	2	3	5	25	13	9	6	9	1	88
	13-14									4	1	3	4	5	9	6	1	8		41
	14-15					2	1	3	1	5	5	2	1	6	6	22	12	53		119
	15-16						14	3	3	4	5	20	4	6	9	8	43	76	2	197
	>=16				1	2	12	4	6	4	19	58	7	3	7	10	18	589	20	760
	Total	23	100	243	301	467	519	365	311	353	375	384	144	156	78	113	121	816	48	4917

Table 8: Cross-tabulation of Current and One-year Ahead Inflation Expectations: - Mar 2016
(Number of respondents)
a) For 18 cities
	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	8	4		1	3													4	20
	1-2	25	20	13	4	3													1	66
	2-3	2	46	63	9	14	24	5	6	1		6						1	5	182
	3-4		3	71	83	22	28	16	12	8	2	8		1		2			4	260
	4-5	8	5	5	127	176	24	30	37	12	43	14	6	1		2	1	2	6	499
	5-6		5	6	8	246	247	35	82	85	56	51	17	8	20	9	12	4	3	894
	6-7		1	4	3	5	112	126	34	43	43	36	19	3	3	5	5	2	4	448
	7-8	1	1	3	7	4	5	43	134	27	54	42	25	6	5	7	11	6	2	383
	8-9				2		2	1	28	79	19	62	39	30	8	6	10	2	1	289
	9-10					3	2	4	6	86	205	14	36	40	15	48	8	51	13	531
	10-11						12	1	2	3	51	176	41	42	13	28	42	41	6	458
	11-12					1	1		1		3	15	52	8	5	11	7	13	2	119
	12-13			1	1		2	1			2	2	7	33	6	8	15	12		90
	13-14			2					1	1				7	24	4	4	4		47
	14-15					1	1				3		1	1	15	61	15	28	1	127
	15-16			3			3	3	1	1		6		3	1	18	85	70	7	201
	>=16					4	5	2	3	3	7	16	3		1	6	14	695	31	790
	Total	44	85	171	245	482	468	267	347	349	488	448	246	183	116	215	229	931	90	5404

b) For 16 cities
	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	8	3		1	2													4	18
	1-2	23	17	11	4	2													1	58
	2-3	2	42	55	9	14	23	3	5	1		6						1	4	165
	3-4		3	65	73	18	28	13	6	6	1	6		1		1			3	224
	4-5	8	2	4	108	179	20	27	39	10	36	13	6	1		2	1	2	5	463
	5-6		5	6	8	213	210	38	68	59	46	44	12	4	19	9	10	4	3	758
	6-7		1	3	3	5	100	94	32	34	24	18	18	2	2	5	5	2	3	351
	7-8	1	1	3	7	4	5	41	124	28	38	21	21	7	3	6	10	6	2	328
	8-9				2		2	1	28	78	16	47	26	27	8	2	11	1	1	250
	9-10					3	3	3	7	83	201	15	30	39	13	43	11	50	12	513
	10-11						12	1	2	3	47	173	40	45	12	29	62	37	5	468
	11-12					1	1		1		3	14	52	8	5	9	7	12	3	116
	12-13						2	1			1	2	7	33	6	8	15	12		88
	13-14			1						1				7	23	2	3	4		41
	14-15					1	1				3		1	1	14	58	15	25		119
	15-16			1			3	3	1	1		6		3	1	19	79	73	7	197
	>=16					2	5	2	3	3	7	15	3		1	6	13	673	27	760
	Total	42	74	149	216	444	415	227	316	307	423	380	216	178	107	199	242	902	80	4917

Annex

Table 1: Various Group-wise Inflation Expectations- For 18 cities
a) December 2015
	Current			Three-month Ahead			One-year Ahead
	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.
Gender-wise
Male	10.4	9.9	4.2	10.4	10.0	4.1	10.6	10.0	4.3
Female	10.7	9.9	4.3	10.6	9.9	4.2	10.9	10.1	4.4

Financial Sector Employees	10.5	9.7	4.2	10.3	9.5	4.1	10.8	10.0	4.2
Other Employees	10.6	9.9	4.2	10.4	9.9	4.2	10.7	10.0	4.3
Self Employed	10.8	10.2	4.3	10.6	10.2	4.2	10.8	10.2	4.4
Housewives	10.4	9.8	4.2	10.5	9.9	4.2	10.7	9.9	4.4
Retired Persons	10.9	10.1	4.2	10.8	10.3	4.1	11.1	10.5	4.3
Daily Workers	10.7	10.0	4.1	10.7	10.2	4.1	10.9	10.3	4.2
Other Category	9.6	9.3	4.0	9.8	9.3	4.0	10.0	9.4	4.2

Up to 25 years	9.7	9.3	4.0	9.8	9.4	3.9	10.0	9.4	4.1
25 to 30 years	10.5	9.8	4.1	10.5	9.9	4.2	10.8	10.1	4.3
30 to 35 years	10.5	9.8	4.3	10.6	9.9	4.2	10.8	10.0	4.3
35 to 40 years	10.5	9.9	4.3	10.4	9.8	4.3	10.6	9.9	4.4
40 to 45 years	10.8	9.9	4.3	10.8	10.2	4.1	11.1	10.3	4.4
45 to 50 years	11.1	10.3	4.3	10.9	10.3	4.1	11.2	10.6	4.3
50 to 55 years	10.9	10.4	4.2	10.6	10.3	3.9	10.9	10.3	4.3
55 to 60 years	10.9	10.3	4.2	10.8	10.5	4.2	10.7	10.3	4.4
60 years and Above	11.3	10.6	4.2	11.2	10.7	4.2	11.5	10.9	4.3

Ahmadabad	13.8	15.8	3.6	14.2	16.2	3.6	14.4	16.3	3.6
Bangalore	9.9	9.7	3.6	8.3	9.0	2.9	9.6	9.4	3.7
Bhopal	6.7	5.9	2.9	6.6	6.0	3.0	6.5	5.8	2.9
Bhubaneswar	11.8	11.6	4.1	12.7	13.3	3.7	13.3	16.1	4.0
Chennai	14.8	16.3	3.1	12.9	16.0	4.3	14.9	16.3	3.1
Delhi	7.5	6.3	3.2	8.5	7.6	3.4	7.7	6.6	3.7
Guwahati	14.9	16.3	3.3	14.5	16.3	3.6	15.4	16.3	2.7
Hyderabad	9.2	9.1	2.8	9.2	9.3	2.6	10.0	9.6	3.0
Jaipur	12.7	12.9	3.4	13.0	13.9	3.4	13.1	14.1	3.5
Kolkata	11.9	10.8	3.8	12.0	11.8	4.2	11.8	10.5	4.0
Lucknow	11.3	10.9	4.3	11.2	11.5	4.5	10.8	10.1	4.5
Mumbai	11.1	10.6	3.2	11.2	10.6	3.2	11.2	10.7	3.4
Nagpur	7.0	6.4	2.4	7.4	7.2	2.3	7.1	6.8	2.2
Patna	9.5	9.4	1.8	10.2	10.0	1.8	10.2	10.0	1.7
Thiruvananthapuram	11.8	12.5	4.8	10.0	10.5	4.5	11.6	11.9	4.9
Chandigarh	9.1	9.4	3.1	10.2	10.2	3.3	9.4	9.4	3.1
Ranchi	7.8	7.6	1.8	9.0	8.9	1.8	8.6	8.4	1.8
Raipur	6.8	6.3	2.9	6.2	5.6	2.7	6.2	5.6	2.7
All	10.5	9.9	4.2	10.5	9.9	4.1	10.7	10.0	4.3

b) September 2015
	Current			Three-month Ahead			One-year Ahead
	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.
Gender-wise
Male	10.3	9.8	4.4	10.6	10.4	4.4	11.0	10.9	4.5
Female	10.4	9.8	4.3	10.7	10.5	4.3	11.4	11.3	4.4

Financial Sector Employees	10.2	9.7	4.3	10.6	10.1	4.3	10.8	10.6	4.5
Other Employees	10.2	9.7	4.4	10.5	10.1	4.4	11.0	10.9	4.6
Self Employed	10.5	9.9	4.4	10.7	10.6	4.4	11.2	11.1	4.5
Housewives	10.4	9.8	4.2	10.7	10.6	4.3	11.4	11.2	4.3
Retired Persons	10.9	10.3	4.5	10.9	10.6	4.3	11.6	12.1	4.6
Daily Workers	10.3	9.8	4.4	10.7	10.5	4.3	11.1	11.1	4.6
Other Category	9.7	9.5	4.3	10.3	10.2	4.4	11.0	10.8	4.3

Up to 25 years	9.7	9.5	4.1	10.3	10.3	4.2	10.9	10.8	4.3
25 to 30 years	9.8	9.4	4.2	10.1	9.9	4.3	10.7	10.5	4.4
30 to 35 years	10.1	9.7	4.4	10.4	10.0	4.4	10.9	10.9	4.5
35 to 40 years	10.5	9.9	4.3	10.8	10.6	4.4	11.4	11.6	4.5
40 to 45 years	10.9	10.1	4.3	11.3	11.1	4.3	11.7	12.0	4.3
45 to 50 years	10.7	10.1	4.4	10.8	10.8	4.4	11.3	11.0	4.5
50 to 55 years	10.7	10.0	4.4	11.1	10.7	4.2	11.4	11.2	4.5
55 to 60 years	10.8	10.3	4.5	10.8	10.6	4.4	11.1	11.1	4.6
60 years and Above	11.3	10.5	4.4	11.1	10.7	4.4	11.7	12.3	4.5

Ahmadabad	12.0	12.5	4.2	12.9	14.6	4.1	12.6	14.1	4.1
Bangalore	7.2	6.0	4.0	7.3	7.2	3.6	8.0	7.2	4.1
Bhopal	10.4	10.2	3.6	12.4	12.7	3.6	13.6	15.1	3.6
Bhubaneswar	10.5	9.8	3.9	10.4	10.8	4.2	11.7	12.9	4.4
Chennai	12.4	12.5	4.0	11.7	12.6	4.6	12.7	14.4	4.1
Delhi	9.0	7.4	4.7	8.7	7.7	4.4	8.7	7.4	4.8
Guwahati	14.8	16.4	4.2	14.7	16.3	4.1	14.4	16.3	4.2
Hyderabad	8.3	9.0	3.3	9.2	9.6	3.8	9.4	9.8	4.4
Jaipur	10.5	9.7	3.5	11.2	11.5	3.8	11.1	10.3	4.1
Kolkata	12.9	14.4	3.8	12.8	14.6	4.2	13.2	15.3	3.9
Lucknow	12.5	14.6	4.3	10.8	10.5	4.4	13.1	15.3	4.2
Mumbai	8.1	6.9	3.7	8.7	7.7	3.6	8.7	8.0	3.7
Nagpur	12.0	11.7	4.2	13.0	14.6	4.0	12.1	12.6	4.4
Patna	9.2	9.1	1.0	10.5	10.4	1.2	11.6	11.7	1.5
Thiruvananthapuram	11.2	10.3	4.1	9.2	9.3	4.2	10.1	9.4	4.5
Chandigarh	8.2	8.3	3.8	9.3	9.0	4.2	11.0	11.0	4.3
Ranchi	9.5	9.9	2.2	11.0	11.1	2.3	12.6	12.7	2.5
Raipur	7.0	6.3	3.0	7.9	7.2	3.2	7.7	6.6	3.8
All	10.4	9.8	4.3	10.6	10.4	4.3	11.2	11.1	4.5

c) June 2015
	Current			Three-month Ahead			One-year Ahead
	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.
Gender-wise
Male	9.8	9.4	4.1	10.0	9.8	4.4	10.5	10.0	4.4
Female	9.9	9.5	4.0	10.2	10.2	4.4	10.9	10.4	4.4

Financial Sector Employees	9.0	8.6	4.0	9.3	8.6	4.3	9.7	9.1	4.4
Other Employees	10.1	9.6	4.0	10.3	10.3	4.4	10.8	10.3	4.4
Self Employed	9.9	9.5	4.1	10.1	9.9	4.4	10.6	10.1	4.4
Housewives	9.9	9.5	3.9	10.2	10.2	4.3	10.9	10.4	4.4
Retired Persons	10.2	9.6	4.4	10.2	10.1	4.6	10.6	10.2	4.6
Daily Workers	9.8	9.4	3.9	10.0	10.1	4.3	10.8	10.3	4.3
Other Category	9.6	9.3	4.1	9.5	9.2	4.4	10.6	10.2	4.3

Up to 25 years	9.5	9.4	3.7	9.8	9.9	4.2	10.5	10.2	4.2
25 to 30 years	9.6	9.4	4.0	10.0	10.0	4.2	10.5	10.0	4.4
30 to 35 years	9.6	9.4	3.9	10.0	9.8	4.3	10.5	10.1	4.3
35 to 40 years	9.6	9.3	4.0	9.8	9.9	4.4	10.6	10.0	4.4
40 to 45 years	10.3	9.7	4.0	10.6	10.4	4.2	11.2	10.8	4.4
45 to 50 years	10.0	9.4	4.0	9.9	9.5	4.4	10.3	9.8	4.6
50 to 55 years	10.3	9.6	4.2	10.2	10.2	4.7	10.8	10.1	4.4
55 to 60 years	10.0	9.6	4.5	9.9	9.5	4.5	10.6	10.2	4.6
60 years and Above	10.7	10.0	4.3	10.7	10.5	4.5	11.0	10.6	4.6

Ahmadabad	11.3	11.9	5.1	11.2	12.3	5.4	12.4	13.8	4.3
Bangalore	7.1	5.6	3.8	7.7	6.8	3.5	8.0	7.5	4.0
Bhopal	10.9	10.2	3.0	12.2	12.0	3.0	12.3	11.7	3.4
Bhubaneswar	10.7	9.7	3.5	11.6	11.6	3.7	12.7	14.0	3.7
Chennai	11.3	10.3	4.2	11.2	10.6	4.6	12.1	13.6	4.5
Delhi	6.8	6.5	2.2	5.9	5.6	3.2	6.5	6.0	2.6
Guwahati	12.3	11.5	3.8	12.3	12.7	4.1	12.5	12.3	3.9
Hyderabad	10.4	10.3	3.5	11.4	11.5	3.8	12.5	14.3	4.0
Jaipur	11.1	9.9	3.5	12.5	12.7	3.6	12.1	11.9	3.8
Kolkata	12.4	11.8	4.1	11.3	11.5	4.7	12.0	13.2	4.7
Lucknow	11.8	10.8	3.7	11.5	11.5	4.6	12.7	13.9	3.9
Mumbai	8.4	8.0	3.4	8.7	7.9	4.0	9.1	8.9	4.1
Nagpur	8.0	6.5	3.6	8.3	7.5	4.0	8.1	7.3	4.0
Patna	8.2	8.2	2.1	9.0	8.9	2.4	10.1	10.3	2.4
Thiruvananthapuram	11.4	10.8	4.3	9.2	9.7	4.4	11.3	11.5	4.6
Chandigarh	8.3	7.3	3.1	9.8	9.2	3.4	8.8	8.3	4.2
Ranchi	10.0	9.8	3.0	11.3	11.3	3.2	12.6	13.0	3.4
Raipur	7.9	6.9	3.1	9.1	8.2	3.1	9.2	8.6	3.5
All	9.9	9.5	4.0	10.1	10.0	4.4	10.7	10.2	4.4

d) March 2015
	Current			Three-month Ahead			One-year Ahead
	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.	Mean	Median	Std. Dev.
Gender-wise
Male	9.1	9.0	4.0	8.9	8.5	4.3	9.5	9.2	4.5
Female	9.1	9.0	4.1	9.1	8.6	4.3	9.7	9.2	4.5

Financial Sector Employees	9.0	9.1	4.0	8.9	8.4	4.2	9.7	9.2	4.5
Other Employees	9.1	9.0	4.0	8.9	8.3	4.3	9.4	8.9	4.5
Self Employed	9.1	9.0	4.0	8.9	8.4	4.2	9.4	9.1	4.5
Housewives	9.1	9.1	4.1	9.2	8.8	4.3	9.7	9.3	4.5
Retired Persons	9.4	9.2	4.2	9.3	9.0	4.5	10.0	9.7	4.5
Daily Workers	8.9	8.7	4.0	8.9	8.4	4.2	9.7	9.3	4.4
Other Category	8.9	8.1	3.9	8.6	7.9	4.4	9.2	8.3	4.5

Up to 25 years	9.0	8.8	4.1	8.9	8.4	4.4	9.5	9.0	4.5
25 to 30 years	9.0	8.9	3.9	8.9	8.3	4.1	9.4	9.0	4.6
30 to 35 years	9.1	9.1	4.0	9.0	8.7	4.3	9.6	9.2	4.5
35 to 40 years	8.9	8.6	4.0	8.8	8.1	4.2	9.2	8.8	4.5
40 to 45 years	9.2	9.1	4.1	9.0	8.6	4.3	9.9	9.4	4.5
45 to 50 years	9.5	9.3	4.2	9.2	8.7	4.5	10.0	9.6	4.5
50 to 55 years	9.3	9.2	4.0	9.2	8.8	4.1	9.8	9.3	4.5
55 to 60 years	9.4	9.2	4.3	9.4	8.7	4.5	9.6	9.2	4.5
60 years and Above	9.2	9.1	4.1	9.0	8.7	4.5	9.9	9.5	4.5

Ahmadabad	8.0	6.9	4.2	8.4	7.4	4.3	9.3	8.4	4.5
Bangalore	6.5	5.3	3.5	7.9	7.3	3.8	7.9	7.1	3.7
Bhopal	8.7	9.1	2.7	9.7	9.7	3.7	10.5	10.0	3.9
Bhubaneswar	9.0	9.3	2.8	8.6	8.3	3.6	8.7	8.4	3.8
Chennai	9.2	8.6	3.6	8.8	7.7	3.9	9.3	8.2	4.3
Delhi	6.9	5.4	4.1	6.9	5.3	4.4	6.7	4.8	4.8
Guwahati	10.7	9.9	4.9	11.1	11.0	5.0	10.9	10.5	5.1
Hyderabad	9.8	9.5	4.1	8.7	8.5	4.1	10.0	8.9	4.9
Jaipur	8.3	8.0	3.5	9.1	8.6	4.1	9.5	9.2	4.3
Kolkata	11.1	10.4	4.5	9.8	9.8	4.7	11.5	11.1	4.5
Lucknow	8.3	7.9	3.7	10.0	10.1	3.8	10.1	9.6	3.8
Mumbai	8.0	8.0	2.8	7.8	7.9	3.1	7.6	7.2	3.1
Nagpur	11.4	11.3	4.1	10.7	10.3	4.7	11.5	11.8	4.7
Patna	8.8	9.2	2.1	9.8	10.2	2.6	10.6	10.6	2.9
Thiruvananthapuram	8.9	8.1	3.9	7.0	5.4	4.3	9.9	9.5	4.8
Chandigarh	8.1	8.3	2.8	8.1	8.2	3.2	8.8	9.1	3.0
Ranchi	10.0	10.3	3.7	9.2	9.1	4.4	10.3	10.5	3.8
Raipur	13.4	16.1	4.3	12.7	15.3	4.8	12.6	16.0	4.8
All	9.1	9.0	4.0	9.0	8.5	4.3	9.6	9.2	4.5

Cross-tabulation of Current and Three-month Ahead Inflation Expectations- For 18 cities
a) December 2015
	Three-month 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	5													1			2		8
	1-2	2	7	3															1	13
	2-3	5	6	18	3	1	1		1		1									36
	3-4			10	24	9	3	3	1	3	2								1	56
	4-5			25	24	60	41	73	19	6	15	2		1		2		1	5	274
	5-6			12	24	64	132	114	125	33	31	10	4			2	3		12	566
	6-7				13	60	53	64	73	73	21	7	1	1		2	2	1	4	375
	7-8				2	19	46	41	103	82	84	12	7		1	1	1	2	5	406
	8-9				8	4	14	15	43	74	85	36	10	3	2	4	5	2	4	309
	9-10				3	3	16	11	50	47	230	72	94	26	10	47	3	37	35	684
	10-11				2	7	22	5	11	24	41	190	90	69	28	20	18	30	31	588
	11-12					1	1	1	3	5	27	26	68	20	22	12	7	8	15	216
	12-13							2	1	3	11	33	4	27	16	13	7	3	1	121
	13-14							1	1	2	4	18	7	8	11	4	4	8	3	71
	14-15					4	2	1	5	4	19	25	12	9	8	50	27	53	10	229
	15-16				2	5	2	2	3	1	8	33	3	8	10	7	43	44	11	182
	>=16				3	14	11	5	7	13	62	61	2	18	6	16	48	841	77	1184
	Total	12	13	68	108	251	344	338	446	370	641	525	302	190	115	180	168	1032	215	5318

	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	5																3		8
	1-2		9	1		1													2	13
	2-3		3	20	10														3	36
	3-4			6	23	18			1										8	56
	4-5			5	30	68	112	2	2									3	52	274
	5-6			11	23	67	143	267	3		1							1	50	566
	6-7				5	46	65	70	160	1								6	22	375
	7-8			1	1	18	24	47	89	204	1							4	17	406
	8-9		1			8	6	10	35	53	163	7	3				1	6	16	309
	9-10				1	6	11	6	38	53	220	216	1	1			1	60	70	684
	10-11					2	4	1	19	28	65	176	219	1			2	42	29	588
	11-12								3	10	18	16	59	60				34	16	216
	12-13							1	5	2	20	14	12	26	29		1	5	6	121
	13-14								1	1	10	5	7	1	26	6		9	5	71
	14-15								1	3	25	6	5	3	19	48	13	84	22	229
	15-16						1				20	3	5	6	6	22	48	55	16	182
	>=16								1	3	14	6	6	2	4	13	8	1028	99	1184
	Total	5	13	44	93	234	366	404	358	358	557	449	317	100	84	89	74	1340	433	5318

b) September 2015
	Three-month 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	21	2				1		1			1	1				1	2	4	34
	1-2	4	10	5	6	5	1	1	1			1							5	39
	2-3	1	13	11	7	13	4	4	1			1							9	64
	3-4		3	11	26	50	15	8	5	2	1		1			1			14	137
	4-5		3	19	32	64	93	50	32	6	12	1	1	2	1	1			29	346
	5-6		3	3	22	40	92	95	81	28	20	13	1	2		1	1		19	421
	6-7		1	1	6	14	42	70	71	46	38	13	6	1	1				7	317
	7-8			2	3		28	32	49	89	76	39	10	1		5			5	339
	8-9		2	1		2	7	12	12	26	120	56	13	6	3	1	1	1	3	266
	9-10		3	7	3	22	10	13	34	40	155	175	146	67	28	87	11	42	57	900
	10-11			7	6	4	21	5	6	8	22	80	132	129	26	40	55	28	43	612
	11-12			2		1	2	2	3	2	14	14	25	30	33	27	10	10	8	183
	12-13				1	2	3			1	4	5	4	21	23	12	19	9	3	107
	13-14			1	2	1	1	2			3	3		4	8	8	11	10	1	55
	14-15			1	1	10	1		1		13	6	4	3	8	34	31	92	23	228
	15-16			3	6	4	8	1	1		3	7	3	3	1	12	32	73	18	175
	>=16			16	16	32	20	2	5	8	46	46	2	5	7	20	16	774	154	1169
	Total	26	40	90	137	264	349	297	303	256	527	461	349	274	139	249	188	1041	402	5392

	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	19		2		2		2				1					1	2	5	34
	1-2	2	11	3	7	5	3	1			1							1	5	39
	2-3	3	9	20	5	9	5	2	2	1	1								7	64
	3-4	2	2	26	33	13	17	9	7	5	7	1	2		1	1		2	9	137
	4-5		5	10	65	89	25	19	35	11	31	11		2		3	2	3	35	346
	5-6		2	3	15	101	104	47	28	19	41	19	5	4	1	5	7	3	17	421
	6-7			1	10	36	78	50	28	19	26	18	10	13	6	5	2	6	9	317
	7-8			1	5	25	14	59	60	20	52	32	16	19	6	8	8	5	9	339
	8-9				5	6	7	6	17	35	13	64	30	47	7	11	4	4	10	266
	9-10	1		1	4	10	12	8	13	136	227	49	90	48	28	101	24	83	65	900
	10-11			1	1	1	5	4	7	3	61	126	43	66	27	58	67	96	46	612
	11-12			1		1	2	2	3	3	6	43	38	4	8	20	23	18	11	183
	12-13								2	5	4	4	12	31	8	9	15	13	4	107
	13-14			1					1	1	2	1	2	7	15	4	8	12	1	55
	14-15			1		3	1		2	4	8	4	2	4	52	58	5	60	24	228
	15-16					1	1			1	2	7	2			31	44	61	25	175
	>=16					6	11	7	4	8	16	17	5	4	5	17	30	886	153	1169
	Total	27	29	71	150	308	285	216	209	271	498	397	257	249	164	331	240	1255	435	5392

c) June 2015
	Three-month 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	3	1	2	1	1											3	16
	1-2	3	9	6	2	3		1	1	1									2	28
	2-3	1	9	16	23	10	2	2	1	1										65
	3-4	1	11	14	19	27	10	3											1	86
	4-5	3	12	7	81	77	68	65	9	4	3	2	8	1					11	351
	5-6	5	9	12	22	29	121	159	89	26	13	9	6	1	1	1			6	509
	6-7	3	10	15	32	32	43	79	141	59	16	20	12	2	1	1	1	9	2	478
	7-8	7	8	11	8	32	39	42	105	75	22	38	15	2	1	3	1	8	3	420
	8-9	4	8	5	6	2	4	1	45	110	16	77	25	11	3	3		7	4	331
	9-10	3	6	5	7	10	11	41	51	95	128	240	129	81	21	96	15	44	23	1006
	10-11	2	4	9	5	4	28	5	6	28	36	158	75	77	16	52	33	32	7	577
	11-12	3	1		2	1			3	3	12	13	48	27	33	32	9	10	2	199
	12-13			2			1		1	1	2	2	8	13	15	21	14	3		83
	13-14			1							1	1	1	1	13	7	11	7	1	44
	14-15				5	10	8	2	5		13	12	9	12	10	45	33	91	5	260
	15-16				4	6	5	5	2	3	4	11	1	2	2	14	49	78	12	198
	>=16				6	7	11	11	12	10	42	33	12	13	12	17	29	598	25	838
	Total	38	89	106	223	252	352	417	471	416	308	616	349	243	128	292	195	887	107	5489

	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	5		2		1	1	1	1	1	1	1							2	16
	1-2	4	4	4	4	2		2			2	1							5	28
	2-3		12	14	5	7	5	4	2	1	2				1				12	65
	3-4	4		25	24	9	5	4	5	1	1	1		1	1			1	4	86
	4-5	2	3	4	108	87	24	21	16	15	30	7	2	1		6	1	3	21	351
	5-6	3	1	5	4	157	168	25	35	34	36	29	1	1		1	1	3	5	509
	6-7			9	3	6	128	163	21	44	46	21	11	6		4	1	9	6	478
	7-8				4	7	2	45	169	27	46	50	13	14	8	10	8	8	9	420
	8-9	9	2	3	9	13	6	5	13	108	22	60	22	15	7	8	7	11	11	331
	9-10	2	1	1	1	14	5	4	8	183	307	54	44	60	36	110	35	103	38	1006
	10-11	1	1			5	2	11	7	6	49	200	56	44	24	43	53	62	13	577
	11-12		1		1	4		3	9		1	23	61	17	10	18	23	24	4	199
	12-13					1		1	1		3		8	22	1	8	15	17	6	83
	13-14								1					1	11	6	4	14	7	44
	14-15		1	1	2	6	1	1	1	1	12	5	2	3	34	65	23	80	22	260
	15-16			1				1	1			3	1	1	1	15	69	92	13	198
	>=16	4		1		2	2		7	5	15	5	3	2		14	13	701	64	838
	Total	34	26	70	165	321	349	291	297	426	573	460	224	188	134	308	253	1128	242	5489

d) March 2015
	Three-month 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	6	2		2	4	1			1	1	3	2	1				4	2	29
	1-2	2	10	9	9	4	1											1	5	41
	2-3		15	23	37	16	4	3	1	1	1	1					2		12	116
	3-4		4	57	40	38	15	4	1		3	1	1						15	179
	4-5	4	15	17	165	154	69	67	30	28	22	3	1	1		3		4	22	605
	5-6	4	7	10	19	106	117	68	61	20	8	14	4			3	4	3	14	462
	6-7	4	7	4	25	17	180	72	43	28	8	8	2	1	2	3		5	5	414
	7-8	6	10	12	10	38	36	152	118	67	50	12	9	1		3		1	10	535
	8-9	8	3	6	4	6	3	4	157	55	37	25	7	4	3	2	1	5	9	339
	9-10	4	3			11	9	2	24	232	198	132	100	34	10	59	7	34	28	887
	10-11	1	3	4	7	29	13	3	4	35	85	157	67	44	9	13	24	31	13	542
	11-12	1	2			15	2	3	26	4	22	22	42	28	9	17	6	12	2	213
	12-13						1				3	2	17	17	17	6	4	5	5	77
	13-14				1				2		1	2	1	6	16	8	1	6		44
	14-15	3	3	2		6		2	6	4	9	2	3	1	31	38	20	59	14	203
	15-16	1	1	2	1	1	4		3	2	12	1	3	1	1	30	73	46	3	185
	>=16	4	8	7	3	14	4	3	4	4	25	22	41	5	4	15	7	422	32	624
	Total	48	93	153	323	459	459	383	480	481	485	407	300	144	102	200	149	638	191	5495

	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	1	3			2			1	6	1							4	11	29
	1-2	7	10	7	5	7		1		2								1	1	41
	2-3		18	36	9	20	6	3	3	5	6	3					1		6	116
	3-4	2	7	35	34	14	17	20	12	15	4	3	3			1		6	6	179
	4-5		5	10	130	141	38	44	102	18	44	7	6	2		8	4	6	40	605
	5-6		3	8	9	69	98	46	91	27	24	30	6	3	1	6	4	11	26	462
	6-7	2		5	32	5	107	69	48	22	25	11	7	4	1	4	3	55	14	414
	7-8	1	21	16	34	30	20	139	102	27	44	25	12	5	2	5	7	30	15	535
	8-9	5	9	20	16	11	7	40	60	62	27	17	6	6	4	10	6	22	11	339
	9-10	1	2	7	3	63	15	5	9	144	294	76	52	25	22	64	23	55	27	887
	10-11	2	5	5	4	12	8	10	22	9	72	176	53	24	11	21	33	31	44	542
	11-12	1			3	5	6	10	8	3	4	44	57	8	6	18	10	21	9	213
	12-13			1				1	3	1	5		14	29	3	3	9	7	1	77
	13-14		1	2			1	2	1	1				6	16	6	2	3	3	44
	14-15	3		1	1	5	3	2	2		6	14	1		27	64	32	35	7	203
	15-16	1		2	1	1	2	5	2	2	1	3	1	1	4	30	70	54	5	185
	>=16	9	1	2		1	6	11	19	6	13	5	5	3	2	11	14	493	23	624
	Total	35	85	157	281	386	334	408	485	350	570	414	223	116	99	251	218	834	249	5495

¹ The previous round of the survey data based on 16 cities were released on February 3, 2016 on the RBI website. The survey results are based on views of the respondents and are not necessarily shared by the Reserve Bank of India.