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31 October 2025

RBI Launches Key Surveys to Inform Monetary Policy: Inflation Expectations, Rural & Urban Consumer Confidence

SDG 8: Decent Work and Economic Growth | SDG 16: Peace, Justice and Strong Institutions

Ministry of Finance MoF | Reserve Bank of India RBI

The RBI has unveiled its November 2025 rounds of three major surveys—covering inflation expectations of households, rural consumer confidence and urban consumer confidence—to strengthen data-driven policy decisions.

Key Details

  • Inflation Expectations Survey of Households (IESH) launched on 31 October 2025; covers 19 major cities and gathers both qualitative and quantitative data on price expectations for 3-month and 1-year horizons.

  • Rural Consumer Confidence Survey (RCCS) also initiated on 31 October 2025; spans 31 states/UTs covering rural and semi-urban households, capturing their sentiment on economy, employment, incomes and spending.

  • Urban Consumer Confidence Survey (UCCS) launched same day, covering 19 cities and gauging urban households’ views on the economic situation, employment and price levels.

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These surveys will provide RBI with real-time, granular insights into consumer sentiment, inflation expectations and economic behaviour across rural and urban India—critical inputs for timely and calibrated monetary-policy decisions.

Relevant Question for Policy Stakeholders:
What steps can ensure these surveys capture diverse household realities and feed quickly into interest-rate and liquidity decisions?

Follow the full news here: IESH Survey Launch RCCS Survey Launch UCCS Survey Launch

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