-Livemint.com
This is a shift from the September 2014 survey where many respondents had expected inflation to rise over the next one year
Mumbai: According to recent surveys conducted by the Reserve Bank of India (RBI), fewer households in India expect higher inflation in the year ahead, even though expectations regarding future economic conditions, income and spending showed a decline.
In the 38th round of The Inflation Expectations Survey of Households December 2014, which captures the expectation of 5,000 urban households across 16 cities, RBI noted that households expect inflation over the next three month and a one-year horizon to remain around the "current rate".
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