Document Title: RBI releases the results of Forward Looking Surveys

Issuing Authority: Reserve Bank of India

Reference: Press Release 2026‑2027/814

Date: August 05, 2026

The Reserve Bank of India has posted on its website the outcomes of eight forward‑looking surveys conducted for the July 2026 period. The surveys released are: Urban Consumer Confidence Survey (UCCS), Rural Consumer Confidence Survey (RCCS), Inflation Expectations Survey of Households (IESH), Survey of Professional Forecasters on Macroeconomic Indicators (101st round), Order Books, Inventories and Capacity Utilisation Survey for the manufacturing sector (Q4 2025‑26), Industrial Outlook Survey of the Manufacturing Sector (Q1 2026‑27), Bank Lending Survey (Q1 2026‑27), and Services and Infrastructure Outlook Survey (Q1 2026‑27).

Each survey reflects the views of the respondents who participated, and the RBI explicitly states that these views are not necessarily shared by the Bank itself. The release includes a disclaimer that the results are based on feedback received and should be interpreted accordingly. The previous round of these forward‑looking surveys was made available on the RBI website on 5 June 2026.

The press release, authored by Deputy General Manager Ajit Prasad (Communications), is identified by reference number 2026‑2027/814.

These surveys provide forward‑looking indicators on consumer sentiment, inflation expectations, manufacturing capacity, credit conditions, and services sector outlook, offering market participants and analysts timely insight into emerging economic trends. This content may not be financially relevant.