RBI launches 3 key surveys to get input for monetary policy
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📌 Summary:
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The Reserve Bank of India on July 9, 2026 launched three key surveys aimed at providing critical inputs for formulating monetary policy
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Among them is the July 2026 round of the 'Inflation Expectations Survey of Households' (IESH), which captures households' subjective assessments of price movements and inflation based on their individual consumption baskets
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The IESH is conducted across 19 cities
🎯 UPSC Relevance: GS3 Economy — how the RBI gathers forward-looking inputs (household inflation expectations, consumer confidence) that feed into Monetary Policy Committee decisions under the inflation-targeting framework.
📝 Prelims Facts:
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The 'Inflation Expectations Survey of Households' covers 19 cities and captures subjective inflation assessments based on individual consumption baskets
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RBI launched three surveys simultaneously in July 2026 as monetary policy inputs
🔑 Key Term: Inflation expectations — the rate at which households anticipate prices to rise; well-anchored expectations are central to the credibility of an inflation-targeting monetary policy regime.
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