Latest news with #RuralConsumerConfidenceSurvey
Hindustan Times
07-08-2025
- Business
- Hindustan Times
Rural consumer's economic situation improved, optimistic for future: RBI survey
The recently released Rural Consumer Confidence Survey by RBI has shown signs of improvement in economic conditions for rural consumers in India. The survey, which was conducted from July 1 to July 12 this year with 7,924 collected responses, showed that the consumer sentiment has improved marginally, with consumers stating that their economic situation has improved. The Current Situation Index (CSI) improved marginally owing to a broad-based improvement across major survey parameters(Reuters/Representational ) According to the survey, 41.6 per cent of rural consumers responded positively, stating that their economic condition has improved in the past two months, while 24 per cent of consumers noted that the conditions remain unchanged. And 34.4 per cent of consumers said that their situation has worsened. However, it is worth noting that, while the economic situation shows improvement, employment conditions have remained the same, as per the data. The Current Situation Index (CSI) has edged up slightly after broad-based improvements in most parameters covered in the survey, PTI reported Improved Consumer Situation Index Stating the reasons behind this improvement, the RBI in the report said that, "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". RBI releases the findings of the July 2025 round of its bi-monthly survey on Wednesday. Aimed at collecting views from rural and semi-urban households in India, it tries to capture the current perceptions and future predictions of key indicators. These key indicators range from economic situation, income, spending, and inflation. Also read: RBI holds repo rate at 5.5% amid Trump tariff pressures; Home loan demand may rise during festive season Future expectations and economic conditions In terms of the future expectations and future economic condition, approximately 59.6 per cent of responses were related to improving conditions in the coming year. Meanwhile, 21.2 per cent of respondents highlighted that it will remain the same, and only 19.2 per cent feel it may worsen. Consumers 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 forward. Consumers expect inflation to decline in future The survey also noted that the household's current inflation perception has declined by 50 basis points to 5.8 per cent in July 2025. In this round, a higher percentage of rural households expected prices and inflation to decline in the future." Overall, 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
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.
Indian Express
07-06-2025
- Business
- Indian Express
Urban households remain pessimistic about present, but optimism about future rises: RBI survey
Urban Indian households remained pessimistic about their economic situation at present in May 2025, with the Reserve Bank of India's (RBI) Urban Consumer Confidence Survey, released Friday, showing that Current Situation Index (CSI) for these households inched down to 95.4 from 95.5 in March 2025. Rural households reported a similar decline, with their CSI edging down to 100.0 from 100.1. An index number of less than 100 is indicative of pessimism, while a 100-plus figure suggests optimism. While rural households' assessment of their current situation has been steadily improving since falling to 96.1 in July 2024, the CSI for urban households has been under 100 for more than six years. The findings of the two surveys are broadly in line with expectations, with a good monsoon and falling food inflation seen driving rural demand and consumption. However, even with headline retail inflation at a multi-year low of just 3.16 per cent in April 2025 and food inflation at 1.78 per cent, both urban and rural households were highly pessimistic when it came to their perception of current price levels and expectations one year from now. To be sure, their one-year-ahead expectations about prices were less pessimistic than what they thought about the present. Hopeful about the future Although the RBI surveys showed that while households are not impressed by their current situation, they are hopeful about the future, with those in both urban and rural areas indicating greater optimism about the year ahead. While urban households' Future Expectations Index (FEI) increased to a one-year high of 123.4 in May 2025, that of rural households printed at 126.2, the highest in the survey's short history which dates back to September 2023. The RBI has renamed its erstwhile Consumer Confidence Survey as Urban Consumer Confidence Survey from May 2025 onwards, while the Rural Consumer Confidence Survey was released for the first time in April 2025. The latest round of the two surveys was conducted during May 2-11, 2025, with 6,090 respondents in the urban survey and 8,969 in the rural one. In his statement while announcing the Monetary Policy Committee's decision on Friday, RBI Governor Sanjay Malhotra had said 'rural demand remains steady, while urban demand is improving'. Prices apart, both urban and rural households were pessimistic in their perception of the current employment scenario, but fairly optimistic about the future. Cooling inflation expectations A separate RBI survey on households' inflation expectations showed that the perception of current inflation eased by by 10 basis points (bps) to 7.7 per cent in May 2025 from March 2025, with their one-year-ahead expectations down 20 bps at 9.5 per cent, according to 6,079 valid responses from 19 major cities. Meanwhile, the Rural Consumer Confidence Survey also measured inflation expectations in rural and semi-urban areas, finding that households' current perception of inflation was down 30 bps at 6.3 per cent in May 2025, while one-year-ahead expectations declined by 40 bps to 8.9 per cent. Inflation expectations are closely watched by policymakers as keeping them anchored is critical to ensuring price stability. The RBI's Household Inflation Expectations Survey is one of only two such surveys, with the other being Indian Institute of Management-Ahmedabad's Business Inflation Expectations Survey (BIES). As per the latest BIES, one-year-ahead inflation expectations of Indian businesses declined slightly by 5 bps from March 2025 to 4.12 per cent in April 2025. The BIES primarily considers companies from the manufacturing sector. Households' inflation expectations are usually higher than those of businesses as the former primarily focus on food and fuel prices, which tend to be volatile. Businesses, meanwhile, consider the price of a wide range of commodities that are inputs in their production process.
&w=3840&q=100)
Business Standard
29-04-2025
- Business
- Business Standard
RBI launches 3 surveys for inflation, consumer confidence, policy input
The Reserve Bank on Tuesday launched three key surveys, including inflation expectations, to gather useful inputs for monetary policy decisions. The RBI normally holds six bi-monthly monetary policy reviews in a financial year. The last meeting was held earlier this month, and the next meeting of the Monetary Policy Committee is scheduled for June 4-6. The May round of the Inflation Expectations Survey of Households (IESH) aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities. The central bank said the Urban Consumer Confidence Survey (UCCS) seeks qualitative responses from households, regarding their sentiments on the general economic situation, employment scenario, price level, and households' income and spending. This study, too, will be carried out in 19 cities. The Rural Consumer Confidence Survey (RCCS) will collect current perceptions and one-year-ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending from the households residing in the rural and semi-urban areas across 31 states/ Union Territories. The Reserve Bank of India has been regularly conducting these surveys. The results of the surveys provide useful inputs for monetary policy, the RBI said.
