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5 August 2026 ECONOMY

According to the report titled "Prelude to Monetary Policy Committee (MPC) Meeting: August 3-5, 2026 Peace in a piecemeal manner" released by the Economic Research Department of the SBI, India's GDP growth for Q1 FY27 is projected at 7%.

The report stated that inflation stood at 3.9% during Q1 FY27. It further projects that the Consumer Price Inflation (CPI) will remain above 5% during the next two quarters of FY27, with an overall inflation projection of 5% for the full financial year.

17 July 2026 BANKING

RBI has launched the July 2026 round of three household surveys to gather inputs for the upcoming Monetary Policy Committee (MPC) meeting. The Inflation Expectations Survey of Households (IESH) collects data on price movements from 19 major cities, covering current, 3-month-ahead, and 1-year-ahead inflation expectations.

The Urban Consumer Confidence Survey (UCCS) monitors qualitative responses from urban households in 19 cities regarding economic sentiment, including employment, income, spending, and the general economic situation.

The Rural Consumer Confidence Survey (RCCS) assesses economic confidence and expectations for rural and semi-urban households across 31 States and Union Territories (UTs).

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