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Indian Households Expect Inflation to Moderate, RBI Survey Shows

  • Households view food prices climbing fastest in coming months
  • RBI surveys find optimism on economy, employment and income

Indian households see inflation moderating, with job opportunities rising amid better economic situation, according to surveys from the central bank.

Inflation perception for the current period dropped 20 basis points to 9.6% in January, according to a Reserve Bank of India survey of 6,024 urban households in 19 major cities. Three-month expectations rose by 10 basis points, but the respondents anticipated prices to remain unchanged a year ahead.