RBI launches December 2017 Round of CCS
Published: Dec 27, 2017
By TIOLCORPLAWS News Service
MUMBAI, DEC 27, 2017: THE Reserve Bank of India (RBI) has launched the December 2017 Round of Consumer Confidence Survey (CCS). The survey seeks qualitative responses from households, regarding their sentiments on general economic conditions, income, spending, prices, employment scenario etc. The survey is conducted regularly in Bengaluru, Chennai, Delhi, Hyderabad, Kolkata and Mumbai.
From the September 2017 round, it has been extended to 7 more cities viz., Ahmedabad, Bhopal, Guwahati, Jaipur, Lucknow, Patna, and Thiruvananthapuram, on an experimental basis. The survey covers around 6,650 respondents across 13 cities. The results of this survey provide useful information for monetary policy formulation. The agency M/s Hansa Research Group Pvt. Ltd., Mumbai has been engaged to conduct the field work of this round of the survey on behalf of the RBI.