The Reserve Bank of India has launched three major nationwide surveys to assess inflation expectations, consumer confidence, and economic sentiment for more effective monetary policymaking.

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• RBI initiated the May 2026 Inflation Expectations Survey of Households across 19 cities to evaluate current and future price perception trends.
• The survey measures household assessments regarding present inflation levels, three-month forecasts, and one-year inflation expectations based on individual consumption patterns.
• RBI also launched the Urban Consumer Confidence Survey to capture economic sentiment related to employment, income growth, spending behaviour, and price conditions.
• The Rural Consumer Confidence Survey covers households across 31 states and union territories, focusing on rural and semi-urban economic perceptions.
• These surveys provide critical data inputs to the Monetary Policy Committee for evaluating inflationary pressures and broader economic confidence.
• Survey outcomes will play an important role in policy decisions during the upcoming RBI Monetary Policy Committee meeting scheduled for June 3-5, 2026.
• Consumer confidence and inflation surveys serve as essential indicators for interest rate strategy, liquidity management, and macroeconomic policy adjustments.
• RBI’s evidence-based survey framework strengthens monetary policy precision, economic forecasting, and financial stability planning.