Reserve Bank of India (RBI) Launches Three Surveys for Monetary Policy Inputs

Key facts

• The Reserve Bank of India (RBI) launched three key surveys on 9 July 2026 to provide critical inputs for formulating monetary policy.
• The July 2026 round of the Inflation Expectations Survey of Households captures subjective assessments on price movements and inflation across 19 cities.
• The Inflation Expectations Survey of Households seeks qualitative responses for the three-month and one-year ahead periods, and quantitative responses for current, three-month, and one-year ahead inflation rates.
• The July 2026 round of the Rural Consumer Confidence Survey collects perceptions and expectations on the general economic situation, employment, price situation, income, and spending from households in rural and semi-urban areas across 31 States and Union Territories.
• The July 2026 round of the Urban Consumer Confidence Survey seeks qualitative responses on sentiments regarding the general economic situation, employment, price level, income, and spending across 19 cities.
• The Urban Consumer Confidence Survey is conducted in 19 cities, including Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, Mumbai, and Thiruvananthapuram.
• The next meeting of the rate-setting panel, the Monetary Policy Committee (MPC), is scheduled for 3 to 5 August 2026.