Question
Consider the following statements regarding Reserve Bank of India's bi-monthly Inflation Expectations Survey of Households (IES
- H - I.The Reserve Bank of India's bi-monthly Inflation Expectations Survey of Households (IES
- H showed that inflation expectations of households declined by 90 bps for three months to reach 9.5 per cent. II.The households' perception of current inflation moderated by 50 basis points (bps) since the July 2023 round of the survey to 8.4 per cent in September 2023. III.The survey was conducted during September 2-11, 2023, in 19 major cities, with responses from 6,066 urban households. Which of the following statements is/are true ?
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