**Executive Summary**
The Reserve Bank of India (RBI) is launching the January 2026 round of the Inflation Expectations Survey of Households (IESH). The survey captures subjective assessments on price movements and inflation from households across 19 cities. Individuals not directly approached can also participate via a linked survey schedule. The results will provide useful inputs for monetary policy. The press release is dated December 31, 2025.
**Key Points / Main Content**
* **Survey Overview:**
* The RBI is conducting the January 2026 round of the IESH.
* The survey captures subjective assessments on price movements and inflation.
* It uses individual consumption baskets across 19 cities.
* **Survey Details:**
* The survey seeks qualitative responses on price changes in the three months ahead and one year ahead.
* It also seeks quantitative responses on current, three months ahead, and one year ahead inflation rates.
* **Participation:**
* M/s Hansa Research Group Pvt. Ltd., Mumbai will conduct the survey on behalf of the RBI.
* Selected households will be approached by the agency and requested to participate.
* Individuals not approached by the agency can also participate.
**Impact Analysis**
* **Households:**
* **Impact:** Households are requested to provide their subjective assessments on price movements and inflation.
* **Action Required:** Households selected for the survey should provide their responses when approached. Other individuals can participate by using the linked survey schedule.
* **Reserve Bank of India (RBI):**
* **Impact:** The RBI will gain useful inputs for monetary policy.
* **Action Required:** The RBI will use the survey results to inform monetary policy decisions.
* **M/s Hansa Research Group Pvt. Ltd.:**
* **Impact:** This agency will conduct the survey on behalf of the Reserve Bank of India.
* **Action Required:** The agency must approach the selected households to request their participation.
Key Entities Referenced
Inflation Expectations Survey of Households (IESH): A survey conducted by the Reserve Bank of India to capture subjective assessments on price movements and inflation from households.
Reserve Bank of India: The central bank of India, responsible for conducting the Inflation Expectations Survey of Households.
Mumbai: Location of the Department of Communication, Central Office of the Reserve Bank of India and the agency conducting the survey.
survey schedule: The document used by individuals to provide responses for the Inflation Expectations Survey of Households.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
December 31, 2025
RBI launches the January 2026 round of the Inflation Expectations Survey of
Households
The Reserve Bank of India has been regularly conducting Inflation Expectations
Survey of Households (IESH). The January 2026 round of the survey is being launched.
The survey aims at capturing subjective assessments on price movements and inflation,
based on their individual consumption baskets, across 19 cities, viz., Ahmedabad,
Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad,
Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and
Thiruvananthapuram. The survey seeks qualitative responses from households on price
changes (general prices as well as prices of specific product groups) in the three months
ahead as well as in the one year ahead period and quantitative responses on current,
three months ahead and one year ahead inflation rates. The results of this survey provide
useful inputs for monetary policy.
2. The agency, M/s Hansa Research Group Pvt. Ltd., Mumbai has been engaged to
conduct the survey of this round on behalf of the Reserve Bank of India. For this purpose,
the selected households will be approached by the agency, and they are requested to
provide their response. Other individuals, who are not approached by the agency can
also participate in this survey by providing their responses using the linked survey
schedule. The filled in survey schedule may be e-mailed as per contact details given
below. In case of any query/clarification, kindly contact at the following address:
The Director,
Division of Household Surveys,
Department of Statistics and Information Management,
Reserve Bank of India,
C-8, 2nd Floor,
Bandra- Kurla Complex, Bandra (East),
Mumbai-400 051;
Phone: 022-2657 8398, 022-2657 8332;
Please click here to send email.
Ajit Prasad
Press Release: 2025-2026/1811 Deputy General Manager
(Communications)