The Reserve Bank of India (RBI) launched three key surveys in July 2026 to gather data that will inform its monetary policy decisions. These periodic surveys track: (1) Consumer Confidence Survey — measuring household perceptions of economic conditions; (2) Inflation Expectations Survey — gauging public expectations on price levels; and (3) Industrial Outlook Survey — assessing business sentiment and capacity utilisation. RBI Governor Sanjay Malhotra underscored that these surveys provide real-world data to complement statistical models in the MPC's policy deliberations.
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RBI Launches Three Key Surveys to Guide Monetary Policy Formulation in July 2026
Key Points
- The Reserve Bank of India (RBI) launched three key surveys in July 2026 to gather data that will inform its monetary policy decisions
- These periodic surveys track: (1) Consumer Confidence Survey — measuring household perceptions of economic conditions; (2) Inflation Expectations Survey — gauging public expectations on price levels; and (3) Industrial Outlook Survey — assessing business sentiment and capacity utilisation
- RBI Governor Sanjay Malhotra underscored that these surveys provide real-world data to complement statistical models in the MPC's policy deliberations
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• RBI: 3 monetary policy surveys launched (July 2026): Consumer Confidence + Inflation Expectations + Industrial Outlook • RBI Governor: Sanjay Malhotra (26th); MPC: Monetary Policy Committee (6 members) • RBI MPC meets every 2 months; current repo rate: 5.25%; inflation target: 4% (±2%) • RBI: established April 1, 1935; nationalised 1949; HQ Mumbai
