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RBI Survey Reveals Over 54% of Urban Households Face Worsening Economic Conditions
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News18•08-10-2026, 14:45
RBI Survey Reveals Over 54% of Urban Households Face Worsening Economic Conditions
- •More than 54 percent of urban households feel that economic conditions have deteriorated over the past year, driven by concerns over employment and rising prices.
- •The Reserve Bank of India’s Current Situation Index slipped to 87.9 in September, remaining below the neutral level of 100.
- •Nearly 50 percent of respondents reported that employment conditions had worsened, while 95 percent noted rising prices over the past year.
- •Despite economic concerns, 83.7 percent of respondents reported higher spending compared to a year ago, though this is largely driven by inflation rather than stronger consumption.
Key Questions Answered
According to the Reserve Bank of India’s September 2026 Urban Consumer Confidence Survey, over 54 per cent of urban households feel that economic conditions have worsened over the past year due to employment concerns and rising prices.
The Current Situation Index slipped to 87.9 in September from 88.3 in July, staying below the neutral level of 100, while the Future Expectations Index declined from 115.3 to 113.5 while remaining in positive territory.
Amid growing inflation concerns, the RBI raised the repo rate by 25 basis points to 5.50 per cent, alongside findings that 95 per cent of urban households reported rising prices over the past year.
