Forward Looking Surveys
On 10th August, 2023, the Reserve Bank of India released the result of seven surveys (collectively known as Forward Looking Surveys) on its website. A brief overview of the surveys is presented here.
- Consumer Confidence Survey (CCS)
- The CCS asks people across 19 cities about their current perceptions and future expectations on a variety of economic variables.
- These variables include the general economic situation, employment scenario, overall price situation, own income and spending levels.
- Based on these specific responses, the RBI constructs two indices: the Current Situation Index (CSI) and the Future Expectations Index (FEI).
- The main variables of the survey are- Economic situation, ....
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