#MintPlainFacts | #RBI conducts a bimonthly survey to assess how households perceive #inflation. Since inflation perceptions shape decisions to spend and invest, it's important for the surveys to hold greater meaning.
(Deepa Vasudevan reports)
Read here: livemint.com
(Deepa Vasudevan reports)
Read here: livemint.com
#MintPlainFacts | Household #inflation estimates were always higher than 6%, though actual inflation was largely within the 2-6% range.
Read here: livemint.com
Read here: livemint.com
#MintPlainFacts | Median #inflation expectations fell slightly in 2022-23. But dig deeper, and we see a qualitative worsening.
Read here: livemint.com
Read here: livemint.com
#MintPlainFacts | High #inflation expectations create uncertainty about future real incomes. Households respond by increasing precautionary savings and cutting back on non-essential spending.
Read here: livemint.com
Read here: livemint.com
#MintPlainFacts | Even in normal years, #inflation expectations cluster around 10-11%, much beyond the #RBI target of 4%.
Read here: livemint.com
Read here: livemint.com
Loading suggestions...