1. Households expect 10 per cent inflation over the next year, RBI survey finds

Households expect 10 per cent inflation over the next year, RBI survey finds

India

  • RBI’s survey shows household inflation expectations rose to 10% for the coming year, signalling growing price concerns.
  • The figure climbed from 9.4% in July, reflecting increased concerns over living costs and food prices.
  • Respondents cited rising living expenses, especially food and essential goods, as key factors driving inflation worries.
  • The RBI has used monetary tightening measures to tackle inflation, as household price expectations continue to rise.

Source: economictimes.indiatimes.com

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