The Inflation Expectations Survey of Households is being launched by the Reserve Bank of India for the July 2026 round. The survey collects households’ views on price changes and inflation expectations over upcoming months and the next year. It covers 19 major Indian cities and is conducted by M/s Hansa Research Group on behalf of RBI. The survey results provide key inputs for monetary policy decisions.
Quick Summary
- RBI launched the July 2026 round of the Inflation Expectations Survey of Households.
- Survey covers 19 cities across India, seeking views on price movements and expected inflation.
- M/s Hansa Research Group Pvt. Ltd. is engaged to conduct the survey this round.
- Survey responses help RBI in monetary policy formulation.
What RBI announced
The Reserve Bank of India has initiated the July 2026 round of its regularly conducted Inflation Expectations Survey of Households (IESH). The survey gathers subjective assessments of inflation and price movements from households across multiple cities.
Key decision in simple terms
RBI will collect qualitative and quantitative feedback from households on general price changes and inflation expectations for the near (three months) and medium term (one year). This includes subjective views on specific product groups and inflation rate estimates.
Who is affected
Selected households in 19 cities, including Ahmedabad, Bengaluru, Delhi, Mumbai, Chennai, Kolkata, and others, will be approached for the survey. Individuals not selected can also participate by submitting responses using the survey schedule shared by RBI.
Impact on banks, NBFCs, customers or borrowers
The survey results provide useful inputs for RBI’s monetary policy decisions, indirectly affecting banks, NBFCs, borrowers, and customers through interest rate and inflation management frameworks.
Key dates, numbers or rules
The July 2026 round is currently underway. 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.
M/s Hansa Research Group Pvt. Ltd., Mumbai, is conducting the survey on RBI’s behalf. Contact details for submission and queries include the Director, Division of Household Surveys, Department of Statistics and Information Management, RBI, Bandra-Kurla Complex, Mumbai. Phone numbers: 022-2657 8398, 022-2657 8332.
What readers should watch next
Readers can expect survey findings to be released periodically, providing insights into household inflation expectations that influence RBI’s monetary policy stance.
Frequently Asked Questions
What is the purpose of the Inflation Expectations Survey of Households?
The survey aims to collect households’ subjective assessments of price movements and inflation expectations over near and medium-term periods to inform RBI’s monetary policy.
Which cities are included in the July 2026 round of 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.
Who conducts the Inflation Expectations Survey of Households for RBI?
M/s Hansa Research Group Pvt. Ltd., Mumbai, is engaged to conduct the survey for the July 2026 round on behalf of the Reserve Bank of India.
Can individuals not selected be part of the survey?
Yes, individuals not approached by the agency can participate by sending their responses using the survey schedule provided via RBI’s contact details.
How does the survey impact monetary policy?
The survey results provide RBI with insights into household inflation expectations, which serve as useful inputs for formulating monetary policy.
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Source note: This article is based on RBI press release dated 2026-07-09. Readers should refer to the official source for detailed rules, eligibility, deadlines or compliance requirements. View original source.
