RBI Initiates November 2026 Inflation Expectations Survey
The Reserve Bank of India (RBI) has officially commenced the November 2026 round of its Inflation Expectations Survey of Households (IESH). This recurring initiative gathers subjective data regarding price movements and inflation trends, which serves as a critical input for the central bank’s monetary policy decisions.
Data collection is taking place across 19 cities, including Mumbai, Delhi, Kolkata, Chennai, Bengaluru, and Hyderabad, among others. The survey requests both qualitative and quantitative feedback from participants regarding general price changes and specific product groups. Households are being asked to provide their assessments for the current period, as well as forecasts for the upcoming three months and the year ahead.
To facilitate this process, the RBI has engaged the Mumbai-based agency M/s Hansa Research Group Pvt. Ltd. to conduct the outreach. While the agency will contact selected households directly, the RBI has opened participation to the general public. Individuals not contacted by the firm can download the survey schedule and submit their responses via email to the Department of Statistics and Information Management.
For financial professionals and investors, these household surveys serve as a key indicator of public sentiment regarding cost-of-living pressures, which often influences the central bank's interest rate trajectory and broader economic outlook.
Why it matters
Understanding household inflation expectations is essential for anticipating potential shifts in RBI monetary policy and interest rate adjustments.
FAQ
What is the purpose of the IESH survey?
The survey aims to capture subjective assessments on price movements and inflation based on individual consumption baskets to provide inputs for monetary policy.
How can individuals participate if they are not contacted by the research agency?
Individuals can participate by providing their responses using the survey schedule available on the RBI website and emailing it to the designated department.
Which cities are included in the survey?
The survey covers 19 cities: Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi, and Thiruvananthapuram.
Source: RBI Press Releases. See the original source for full details.
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