In order to seek qualitative responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households’ income and spending, the Reserve Bank of India (RBI) has launched the May 2021 round of Consumer Confidence Survey.
The Reserve Bank of India has been regularly conducting Consumer Confidence Survey (CCS). The May 2021 round of the survey is now being launched. The survey is conducted regularly in 13 cities, viz., Ahmedabad, Bengaluru, Bhopal, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, Patna and Thiruvananthapuram.
As per the Reserve Bank of India’s notification, the Consumer Confidence Survey covers approximately 5,400 respondents across 13 cities. The results of this survey provide useful inputs for monetary policy.