RBI’s July 2026 household, rural and urban confidence surveys: key inputs for August MPC
RBI launched three July 2026 surveys across 19 cities and 31 States/UTs to support monetary policy before the August 3-5 MPC meeting.
Key highlights
Direct fact
In July 2026, the Reserve Bank of India launched three surveys — the Inflation Expectations Survey of Households, the Rural Consumer Confidence Survey, and the Urban Consumer Confidence Survey — to support monetary policy inputs ahead of the Monetary Policy Committee meeting scheduled for August 3 to 5, 2026.
Key specifics
- The Inflation Expectations Survey of Households covers 19 cities in July 2026.
- The rural survey collects views from households in rural and semi-urban areas across 31 States/UTs.
- The urban survey also covers 19 cities, including Chennai, Delhi, Mumbai, Bengaluru and Ahmedabad.
- The inflation survey asks about price changes for the next 3 months and 1 year, and current inflation rates.
- The RBI said the survey results provide useful inputs for monetary policy.
Exam lens
MCQ focus: RBI surveys and monetary policy, 19 cities, 31 States/UTs, August 3-5, 2026 MPC meeting; TNPSC may ask which survey measures household inflation expectations and which cities are covered.