**Executive Summary**
The Reserve Bank of India (RBI) is launching the November 2025 round of the Inflation Expectations Survey of Households (IESH). This survey aims to capture subjective assessments of price movements and inflation across 19 cities. Selected households will be approached by M/s Hansa Research Group Pvt. Ltd., but others can also participate via a linked survey schedule. The survey results will provide inputs for monetary policy.
**Key Points / Main Content**
* **Survey Purpose:** To capture subjective assessments of price movements and inflation expectations from households.
* **Survey Coverage:** 19 cities across India are included in this round of the survey.
* **Target Audience:** Households in the selected cities. Selected households will be approached to participate, but other individuals can participate via a link.
* **Survey Content:** The survey seeks qualitative responses on price changes and quantitative responses on inflation rates.
* **Time Horizon:** The survey covers current, three months ahead, and one year ahead inflation rates.
* **Agency Engaged:** M/s Hansa Research Group Pvt. Ltd., Mumbai, is conducting the survey on behalf of the RBI.
* **Participation:** Selected households will be approached by the agency and requested to provide responses. Other individuals can participate using the linked survey schedule.
* **Contact Information:** The survey schedule can be emailed to the Director, Division of Household Surveys, Department of Statistics and Information Management, Reserve Bank of India. Contact information for inquiries is provided.
* **Survey Submission:** The filled survey schedule can be e-mailed as per contact details given below.
**Impact Analysis**
**Households**
* **Impact:** Selected households are requested to participate in the survey, impacting their time. All other households can participate via a link.
* **Action Required:** Selected households should respond to the survey when approached by the agency. Other households can complete and submit the linked survey schedule, should they wish to participate.
**Reserve Bank of India (RBI)**
* **Impact:** The survey results will provide valuable data for monetary policy decisions.
* **Action Required:** Analyze the survey data to inform monetary policy.
**M/s Hansa Research Group Pvt. Ltd.**
* **Impact:** Responsible for conducting the survey on behalf of the RBI.
* **Action Required:** Approach selected households, collect data, and transmit to RBI for analysis.
Key Entities Referenced
Reserve Bank of India: Conducting the Inflation Expectations Survey of Households (IESH).
Inflation Expectations Survey of Households (IESH): A survey conducted by the Reserve Bank of India to capture subjective assessments on price movements and inflation.
November 2025 round: The specific round of the Inflation Expectations Survey of Households (IESH) being launched.
Mumbai: Location of the agency (Hansa Research Group Pvt. Ltd.) and the Reserve Bank of India's office for household surveys.
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
October 31, 2025
RBI launches the November 2025 round of the Inflation Expectations
Survey of Households
The Reserve Bank of India has been regularly conducting Inflation Expectations
Survey of Households (IESH). The November 2025 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.
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 mail.
Ajit Prasad
Press Release: 2025-2026/1431 Deputy General Manager
(Communications)