Households expect inflation to increase in the next one year, says RBI survey
Respondents were more uncertain about future inflation than in the past few survey rounds. February 10, 2021 / 07:53 AM IST
More households expect general prices as well as inflation to increase in the next one year, the Households Inflation Expectations Survey showed on February 5. Respondents were more uncertain about future inflation than in the past few survey rounds as reflected in the widened confidence interval, the Reserve Bank of India (RBI) survey revealed.
This is the January 2021 round of the RBI’s bi-monthly Inflation Expectations Survey of Households. In view of the COVID-19 pandemic, the survey was conducted through field interviews wherever possible and telephonic interviews elsewhere from January 02 to January 11, 2021, in 18 major cities, the RBI said.