New Delhi, Nov 30: The Reserve Bank of India today launched the 30th round of the Inflation Expectations Survey of households with reference period October-December 2012. The central bank has been conducting the Survey on a quarterly basis since September 2005. The Survey seeks qualitative responses from households on price changes (general prices as well as prices of specific product groups) in the next three months as well as in the next one year and quantitative responses on current, three-month ahead and one-year ahead inflation rates, a central bank handout said. Giving details it said the results of the Survey are being used by Reserve Bank as one of the important inputs to the monetary policy formulation.........
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