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Economic Times
07-08-2025
- Business
- Economic Times
Rural consumers economic situation improved in last 2 months, optimistic for year ahead: RBI Survey
Synopsis The Reserve Bank of India's survey reveals improved economic conditions for rural consumers. The survey conducted in July 2025 shows a rise in consumer confidence. More rural consumers report better economic situations. They also anticipate improvements in the coming year. Expectations include increased employment and income. However, rising spending and inflation remain concerns. TIL Creatives Representational New Delhi: The economic condition of rural consumers in India has shown signs of improvement over the past two months, according to the Reserve Bank of India's latest Rural Consumer Confidence Survey (RCCS). According to the latest survey, conducted during July 1 to 12, 2025, with 7,924 valid responses, rural consumer sentiment has improved marginally during the current period. As per the data, 41.6 percentage of rural consumers responses stated that their economic situation has improved in the past two months, while 24 per cent noted that it remains the same. Only 34.4 percentage said that their situation has worsened. About 7.1 percentage of respondents did not offer any while the economic situation showed improvement, employment conditions remained unchanged according to the survey data. The Current Situation Index (CSI) has edged up slightly due to a broad-based improvement on most parameters covered in the survey. The central bank released the results of the July 2025 round of its bi-monthly survey on survey collects views from rural and semi-urban households across all Indian states and three major Union captures both current perceptions (compared to a year ago) and future expectations for the next year on key indicators such as economic situation, employment, income, spending, and inflationRBI stated "Rural consumer confidence for the current period has improved; the Current Situation Index (CSI) inched up marginally owing to broad-based improvement across major survey parameters".Looking ahead, households expressed optimism about the future. Approximately 59.6 percentage of responses of rural consumers expect their economic condition to improve in the coming year. Meanwhile, 21.2 percentage responses highlighted that it will remain the same, and only 19.2 percentage feel it may also shared that they expect employment opportunities and income levels to rise in the next year. However, many rural households also anticipated an increase in their spending going Future Expectations Index (FEI) has continued to improve steadily for the sixth consecutive round, indicating rising optimism among rural inflation, the survey found that the households' current inflation perception declined by 50 basis points to 5.8 per cent in July 2025 compared to the previous year-ahead inflation expectations also saw a notable drop of 100 basis points, coming down to 7.9 per share of rural households who anticipate a decline in prices and inflation for the year ahead also increased in this the survey highlighted a growing sense of recovery and hope among India's rural consumers, despite challenges in employment and rising spending expectations.
Time of India
07-08-2025
- Business
- Time of India
Rural consumers economic situation improved in last 2 months, optimistic for year ahead: RBI Survey
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel New Delhi: The economic condition of rural consumers in India has shown signs of improvement over the past two months, according to the Reserve Bank of India 's latest Rural Consumer Confidence Survey (RCCS).According to the latest survey, conducted during July 1 to 12, 2025, with 7,924 valid responses, rural consumer sentiment has improved marginally during the current per the data, 41.6 percentage of rural consumers responses stated that their economic situation has improved in the past two months, while 24 per cent noted that it remains the same. Only 34.4 percentage said that their situation has worsened. About 7.1 percentage of respondents did not offer any while the economic situation showed improvement, employment conditions remained unchanged according to the survey Current Situation Index (CSI) has edged up slightly due to a broad-based improvement on most parameters covered in the central bank released the results of the July 2025 round of its bi-monthly survey on survey collects views from rural and semi-urban households across all Indian states and three major Union captures both current perceptions (compared to a year ago) and future expectations for the next year on key indicators such as economic situation, employment, income, spending, and inflationRBI stated "Rural consumer confidence for the current period has improved; the Current Situation Index (CSI) inched up marginally owing to broad-based improvement across major survey parameters".Looking ahead, households expressed optimism about the future. Approximately 59.6 percentage of responses of rural consumers expect their economic condition to improve in the coming year. Meanwhile, 21.2 percentage responses highlighted that it will remain the same, and only 19.2 percentage feel it may also shared that they expect employment opportunities and income levels to rise in the next year. However, many rural households also anticipated an increase in their spending going Future Expectations Index (FEI) has continued to improve steadily for the sixth consecutive round, indicating rising optimism among rural inflation, the survey found that the households' current inflation perception declined by 50 basis points to 5.8 per cent in July 2025 compared to the previous year-ahead inflation expectations also saw a notable drop of 100 basis points, coming down to 7.9 per share of rural households who anticipate a decline in prices and inflation for the year ahead also increased in this the survey highlighted a growing sense of recovery and hope among India's rural consumers, despite challenges in employment and rising spending expectations.
Economic Times
22-04-2025
- Business
- Economic Times
Rural Consumer Confidence Survey reveals optimism in income and spending for 2025
Synopsis A Reserve Bank of India study indicates that rural Indian households anticipate improved earnings and maintain strong spending sentiment, particularly on essential items. The Rural Consumer Confidence Survey (RCCS) reveals optimism about future income, despite persistent inflation concerns. While inflation perceptions remain elevated, they exhibit a moderating trend, contributing to a positive outlook. Rural households in the country are consistently expecting better earnings over the next year to go with robust spending sentiment, driven by essential spending, a study by RBI officials based on data from the Reserve Bank initiated the Rural Consumer Confidence Survey (RCCS) survey shows. ADVERTISEMENT 'Despite ongoing concerns, households exhibit strong confidence in future income and resilient spending behaviour. Inflation perceptions and expectations remain high but show a moderating trend. The Current Situation Index has steadily recovered, while the Future Expectations Index indicates steady optimism,' authors Sourajyoti Sardar, Manu Swarnkar, Ayan Paul, and Tushar B Das in an article in the April 2025 bulletin. The views expressed in the article are those of the authors and not of the RBI. Since starting in September 2022, covering 42 districts across 19 states, with a target sample size of 6,100, the survey has since expanded to 9000 households from 610 villages across 100 districts, covering all 28 Indian states and three union territories and is conducted on a bi-monthly basis. The survey questionnaire is divided in four blocks ranging from essential demographic details, respondents' views and anticipations on the economy, expectations on household's income and spending and quantitative assessments of inflation perceptions and expectations.'The perceptions about current inflation have shown a declining trend over time, barring brief episodes of heightened concern, driven by elevated food prices. These have also translated to lower inflation expectations, albeit with the rate of decline being slower methodology and results in terms of descriptive statistics based on the RCCS data collected so fa,' the article said. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online. NEXT STORY
Time of India
22-04-2025
- Business
- Time of India
Rural Consumer Confidence Survey reveals optimism in income and spending for 2025
Rural households in the country are consistently expecting better earnings over the next year to go with robust spending sentiment, driven by essential spending, a study by RBI officials based on data from the Reserve Bank initiated the Rural Consumer Confidence Survey (RCCS) survey shows. 'Despite ongoing concerns, households exhibit strong confidence in future income and resilient spending behaviour. Inflation perceptions and expectations remain high but show a moderating trend. The Current Situation Index has steadily recovered, while the Future Expectations Index indicates steady optimism,' authors Sourajyoti Sardar, Manu Swarnkar, Ayan Paul, and Tushar B Das in an article in the April 2025 bulletin. The views expressed in the article are those of the authors and not of the RBI. Since starting in September 2022, covering 42 districts across 19 states, with a target sample size of 6,100, the survey has since expanded to 9000 households from 610 villages across 100 districts, covering all 28 Indian states and three union territories and is conducted on a bi-monthly basis. The survey questionnaire is divided in four blocks ranging from essential demographic details, respondents' views and anticipations on the economy, expectations on household's income and spending and quantitative assessments of inflation perceptions and expectations. 'The perceptions about current inflation have shown a declining trend over time, barring brief episodes of heightened concern, driven by elevated food prices. These have also translated to lower inflation expectations, albeit with the rate of decline being slower methodology and results in terms of descriptive statistics based on the RCCS data collected so fa,' the article said.
