ANI
07 Jul 2022, 04:27 GMT+10
Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has decided to engage Mumbai-based Hansa Research Group to conduct field work for the July 2022 round of consumer confidence and inflation expectation surveys.
In continuation of the press releases relating to the launch of July 2022 round of the consumer confidence survey (CCS) and inflation expectation survey of households (IESH), both dated June 30, 2022, it is informed that M/s 'Hansa Research Group Pvt.Ltd., Mumbai' has now been engaged to conduct field work for July 2022 round of the two surveys on behalf of the Reserve Bank of India, the RBI said in a statement.
The Reserve Bank of India has been regularly conducting the Inflation Expectations Survey of Households (IESH). The survey aims at capturing subjective assessments of households on price movements and inflation, based on their individual consumption baskets, across 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram.
The survey seeks qualitative responses from households on price changes (general prices as well as prices of specific product groups) in the three months ahead as well as in the one year ahead period and quantitative responses on current, three months ahead and one year ahead inflation rates. The results of this survey provide useful inputs for monetary policy.
The Consumer Confidence Survey seeks qualitative responses from households, regarding their sentiments on the general economic situation, employment scenario, price level, households' income and spending. The survey is conducted regularly in 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna Raipur, Ranchi and Thiruvananthapuram. The results of this survey provide useful inputs for monetary policy. (ANI)
Get a daily dose of Tennessee Daily news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Tennessee Daily.
More InformationMILAN, Italy: Milano Today has reported that seven years after launching in the country, American pizza giant Domino's has now ...
NEW YORK, New York - U.S. investors again plowed into stocks on Friday, many convinced inflation has peaked."Markets certainly got ...
TOKYO, Japan: Toyota has advised the owners of its BZ4X electric SUV to stop driving their vehicles and return them ...
WASHINGTON D.C.: The U.S.Department of Justice is reportedly preparing to sue Google as soon as next month, claiming that the ...
SYDNEY, NSW, Australia - Stocks in Japan surged on Friday as investors and traders returned to their desks after a ...
LONDON, England: A survey conducted by YouGov and consultancy Cebr reported that UK consumer confidence slowly rose in July, after ...
LOS ANGELES, California: Since early May, Charlie Hamilton has not irrigated his vineyards with water from the Sacramento River, despite ...
WASHINGTON D.C.: The U.S. will participate in a joint military exercise in mid-October with India, less than 62 miles from ...
MOSCOW, Russia: A leading Russian scientist in the field of hypersonic flight, Dr. Alexander Shiplyuk, has been arrested on suspicion ...
WASHINGTON D.C.: As prices for food and other basic staples are rising, U.S. demand for grocery deliveries is cooling, with ...
LOS ANGELES, California: During a meeting that was disrupted by protesters this week, the Los Angeles City Council voted to ...
WASHINGTON D.C.: The U.S. Justice Department announced this week that former Puerto Rico governor Wanda Vazquez has been arrested in ...