February 07, 2025 11:36 GMT
INDIA: Household Inflation Expectations Moderate Marginally in Jan 2025
INDIA
The RBI has released the results of its forward looking surveys. Highlights below:
- Households' median inflation perception moderated marginally by 10 basis points (bps) from the previous survey round to 8.3 per cent.
- Inflation expectations for the three months and one-year horizons increased by 20 bps and 10 bps to 9.3 per cent and 10.2 per cent, respectively.
- Consumer confidence for the current period marginally declined owing to somewhat tempered sentiments across the survey parameters except price level; the current situation index (CSI) moderated by 0.3 point to 93.7 in January 2025.
- Manufacturing companies reported marginally better demand conditions in Q3:2024-25 vis-à-vis the previous quarter, as reflected in their assessment for production, employment, capacity utilisation, exports and order books.
- Bankers expect some moderation on overall loan demand conditions during Q4:2024-25; the high optimism on demand for retail/personal loans tempered even as it improved or remained at previous quarter’s level for other sectors.
See the full releases here.
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