RBI launches the September 2026 round of the Inflation Expectations Survey of Households
Distilled Policy Brief
- The survey collects qualitative responses on price changes for three-month and one-year ahead periods, alongside quantitative responses on current, three-month, and one-year ahead inflation rates to provide inputs for monetary policy.
🎯 Prelims High-Yield Examination Points
Inflation Expectations Survey of Households (IESH)
⚖️ Mains Analytical & Syllabus Linkages
Role of forward-looking household surveys in monetary policy formulation and inflation anchoring
🎯 UPSC Prelims Practice Drill
With reference to the 'Inflation Expectations Survey of Households' (IESH) conducted by the Reserve Bank of India (RBI), consider the following statements: 1. It collects qualitative responses on price changes for both three-month and one-year ahead periods. 2. It seeks quantitative responses on inflation rates for the current, three-month ahead, and one-year ahead periods. 3. Participation in the survey is strictly restricted to households randomly selected and approached by the RBI's designated agency. Which of the statements given above are correct?
- [A] 1 and 2 only
- [B] 2 and 3 only
- [C] 1 and 3 only
- [D] 1, 2 and 3
▶ Reveal Official Answer & Analytical Explanation
Statements 1 and 2 are correct because the IESH collects qualitative responses on price changes for three-month and one-year ahead periods, and quantitative responses on inflation rates for current, three-month, and one-year ahead periods. Statement 3 is incorrect because individuals who are not approached by the designated agency can also voluntarily participate in the survey by downloading and emailing the filled-in survey schedule.
🏛️ Historical Twin PYQ Anchor (2021)
Consider the following statements regarding the "National Clean Air Programme (NCAP)": 1. It is implemented by the Ministry of Environment, Forest and Climate Change. 2. Central Pollution Control Board acts as the sole regulatory executive body.