BusinessRBI Survey Shows Rising Inflation Expectations and Falling Consumer Confidence
The Reserve Bank of India's latest surveys reveal that households' inflation expectations rose to 10% for the year ahead in September, up from 8.6%. Three-month inflation expectations increased from 7.9% to 9.9%. Consumer confidence weakened in both urban and rural India, with concerns about the economy, jobs, and prices, though income and spending sentiment remained positive.
Business Standard·


