Households expect inflation at double digit levels over a one year horizon
Median inflation expectation increased for one year horizon by 20 bps (one basis point is 0.01 percent) to 10.1 per cent in November 2023. “ Households expect some rise in price and inflationary pressures across major product groups for the year ahead ” said the findings of the central banks inflation expectation survey. Households expect some rise in price and inflationary pressures across major product groups for the year ahead.
Shaktikanta Das Reserve Bank Household Inflation Inflationary Pressures Normal Monsoon Current Inflation
Source: indiatimes.com