Indian households have a mixed outlook on inflation, according to recent surveys conducted by the Reserve Bank of India.
Current inflation perceptions among households have increased, indicating concerns about rising prices. However, expectations for inflation in the near term suggest a slight moderation, with a projected decrease over the next three months.
Looking further ahead, households anticipate a rebound in inflation, expecting it to rise again over the next year. This fluctuation in inflation expectations highlights the uncertainty faced by consumers regarding economic conditions in the coming months.