Database on Indian Economy


RBI's Data Warehouse

Household Surveys

Inflation Expectations Survey of Households (IESH)
The Reserve Bank of India (RBI) has been conducting the Inflation Expectations Survey of Households (IESH) since 2005 with the objective to capture households' expectations of change in price level as well as rate of inflation three-months and one-year ahead, using qualitative and quantitative responses.
  • Over time, coverage of the survey has been extended and currently, the survey is conducted in 18 cities covering 5,500 households.

  • The survey was conducted on quarterly basis (viz., Mar, Jun, Sep and Dec) till March 2014. Two additional rounds of the survey in May and November were started from May 2014 to align with the bi-monthly monetary policy and the results of these additional rounds are being published since November 2016, after ensuring consistency.

  • Quota sampling is used wherein respondents are chosen from 7 categories as follows: financial sector employees (10%), other employees (15%), self-employed (20%), housewives (30%), retired persons (10%), daily workers (10%), others (5%).

  • To ensure geographical spread, at the first stage, PIN codes/ PIN code areas are selected in such a way that the entire city is represented and the PIN codes/ PIN code areas selected in the previous round are not repeated. At the second stage, from each selected PIN code/ PIN code area, 20 households are selected using right-hand rule skipping 5 households subject to quota limits within each city.

Consumer Confidence Survey (CCS)
The Reserve Bank of India (RBI) has been conducting the Consumer Confidence Survey (CCS) since 2010 with the objective to capture households' current perception (i.e., the current situation as compared with a year ago) and future expectations (i.e., expectations for a year ahead), with respect to five parameters - economic condition, employment scenario, general price levels, income and spending of the households.

  • Over time, coverage of the survey has been extended and currently, the survey is conducted in 13 cities covering 6,650 households.

  • However, the results are presently published only for 6 cities viz., Delhi, Hyderabad, Kolkata, Chennai, Bengaluru and Mumbai (covering 5,400 households).

  • The survey was conducted on a quarterly basis (viz., Mar, Jun, Sep and Dec) till March 2014. Two additional rounds of the survey in May and November were started from May 2014 to align with the bi-monthly monetary policy and the results of these additional rounds are being published since November 2016, after ensuring consistency.

  • A hybrid two stage sampling design is used, wherein at the first stage in a city, the polling booths are selected by systematic random sampling after arranging all polling booths according to their constituencies to ensure wide geographical coverage. In the second stage, from each selected polling booth area, 15 respondents are selected following the right hand rule, skipping 10 houses.