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.
Source: indiatimes.com
