Table 1(a): Product-wise Expectations of Prices for Three Months ahead |
(Percentage of Respondents) |
Survey period ended |
Jul-21 |
Jan-22 |
Mar-22 |
May-22 |
Jul-22 |
General |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Prices will increase |
85.9 |
0.78 |
85.6 |
0.68 |
89.9 |
0.64 |
88.5 |
0.69 |
83.1 |
0.80 |
Price increase more than current rate |
62.8 |
1.14 |
61.4 |
1.07 |
67.2 |
1.27 |
66.1 |
1.10 |
58.7 |
1.21 |
Price increase similar to current rate |
19.7 |
0.90 |
20.5 |
0.87 |
19.3 |
0.96 |
18.9 |
0.83 |
21.1 |
0.97 |
Price increase less than current rate |
3.4 |
0.38 |
3.7 |
0.40 |
3.5 |
0.45 |
3.5 |
0.37 |
3.3 |
0.36 |
No changes in prices |
11.2 |
0.70 |
12.0 |
0.64 |
8.6 |
0.59 |
9.1 |
0.62 |
13.7 |
0.74 |
Decline in prices |
2.9 |
0.40 |
2.4 |
0.30 |
1.5 |
0.22 |
2.3 |
0.32 |
3.2 |
0.38 |
Food Product |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
84.0 |
0.81 |
83.7 |
0.71 |
89.6 |
0.62 |
88.4 |
0.66 |
83.7 |
0.77 |
Price increase more than current rate |
60.8 |
1.15 |
61.0 |
1.01 |
68.2 |
1.14 |
65.6 |
1.04 |
59.6 |
1.13 |
Price increase similar to current rate |
17.7 |
0.88 |
17.0 |
0.78 |
16.2 |
0.88 |
17.4 |
0.78 |
18.9 |
0.90 |
Price increase less than current rate |
5.4 |
0.53 |
5.7 |
0.47 |
5.2 |
0.48 |
5.4 |
0.44 |
5.2 |
0.45 |
No changes in prices |
10.5 |
0.64 |
10.5 |
0.58 |
6.9 |
0.51 |
7.1 |
0.51 |
10.1 |
0.64 |
Decline in prices |
5.5 |
0.53 |
5.8 |
0.45 |
3.5 |
0.36 |
4.5 |
0.43 |
6.1 |
0.52 |
Non- Food Product |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
82.6 |
0.85 |
80.4 |
0.73 |
88.4 |
0.63 |
87.5 |
0.70 |
80.8 |
0.84 |
Price increase more than current rate |
58.9 |
1.16 |
55.4 |
1.02 |
65.6 |
1.17 |
64.5 |
1.05 |
55.7 |
1.14 |
Price increase similar to current rate |
19.0 |
0.91 |
19.4 |
0.80 |
17.6 |
0.87 |
17.9 |
0.79 |
19.8 |
0.89 |
Price increase less than current rate |
4.8 |
0.50 |
5.6 |
0.46 |
5.2 |
0.49 |
5.1 |
0.44 |
5.2 |
0.45 |
No changes in prices |
12.3 |
0.73 |
14.1 |
0.64 |
8.7 |
0.56 |
8.2 |
0.54 |
13.2 |
0.72 |
Decline in prices |
5.1 |
0.50 |
5.4 |
0.43 |
2.9 |
0.31 |
4.2 |
0.43 |
6.0 |
0.49 |
Household Durables |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
65.6 |
1.09 |
69.9 |
0.88 |
73.5 |
0.89 |
74.7 |
0.93 |
68.7 |
0.95 |
Price increase more than current rate |
44.9 |
1.18 |
48.6 |
1.03 |
51.9 |
1.20 |
53.4 |
1.13 |
46.6 |
1.11 |
Price increase similar to current rate |
16.8 |
0.86 |
16.2 |
0.70 |
16.0 |
0.83 |
16.3 |
0.78 |
17.3 |
0.81 |
Price increase less than current rate |
4.0 |
0.43 |
5.1 |
0.45 |
5.5 |
0.50 |
5.1 |
0.42 |
4.8 |
0.44 |
No changes in prices |
25.2 |
0.98 |
23.1 |
0.82 |
20.4 |
0.83 |
19.7 |
0.82 |
23.7 |
0.88 |
Decline in prices |
9.2 |
0.66 |
7.0 |
0.45 |
6.1 |
0.44 |
5.5 |
0.44 |
7.6 |
0.54 |
Cost of Housing |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
64.7 |
1.12 |
71.5 |
0.88 |
75.8 |
0.94 |
78.5 |
0.90 |
74.8 |
0.88 |
Price increase more than current rate |
45.8 |
1.20 |
51.3 |
1.07 |
54.9 |
1.23 |
59.4 |
1.11 |
54.2 |
1.10 |
Price increase similar to current rate |
14.7 |
0.79 |
16.1 |
0.74 |
16.6 |
0.80 |
15.4 |
0.73 |
16.9 |
0.77 |
Price increase less than current rate |
4.2 |
0.46 |
4.2 |
0.42 |
4.3 |
0.40 |
3.7 |
0.35 |
3.7 |
0.37 |
No changes in prices |
23.7 |
0.99 |
21.3 |
0.80 |
18.9 |
0.86 |
17.1 |
0.82 |
20.3 |
0.82 |
Decline in prices |
11.7 |
0.74 |
7.2 |
0.48 |
5.4 |
0.46 |
4.3 |
0.40 |
4.8 |
0.44 |
Cost of Services |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
74.3 |
1.01 |
74.3 |
0.83 |
76.3 |
0.88 |
78.5 |
0.88 |
71.7 |
0.93 |
Price increase more than current rate |
52.3 |
1.19 |
51.6 |
1.05 |
54.5 |
1.19 |
56.4 |
1.09 |
48.6 |
1.12 |
Price increase similar to current rate |
17.5 |
0.83 |
18.0 |
0.79 |
16.8 |
0.80 |
17.4 |
0.71 |
19.0 |
0.88 |
Price increase less than current rate |
4.5 |
0.44 |
4.6 |
0.43 |
5.0 |
0.47 |
4.8 |
0.42 |
4.1 |
0.41 |
No changes in prices |
22.0 |
0.94 |
22.3 |
0.78 |
21.2 |
0.86 |
18.6 |
0.82 |
24.8 |
0.92 |
Decline in prices |
3.7 |
0.43 |
3.4 |
0.34 |
2.4 |
0.29 |
2.8 |
0.32 |
3.4 |
0.38 |
Note: |
1. The table provides estimates and standard errors for qualitative responses. |
2. Constituent items may not add up to the corresponding total, due to rounding off. |
Table 1(b): Product-wise Expectations of Prices for One Year ahead |
(Percentage of Respondents) |
Survey period ended |
Jul-21 |
Jan-22 |
Mar-22 |
May-22 |
Jul-22 |
General |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Prices will increase |
86.9 |
0.77 |
89.6 |
0.58 |
91.5 |
0.58 |
91.3 |
0.60 |
88.4 |
0.70 |
Price increase more than current rate |
65.5 |
1.18 |
68.2 |
1.05 |
71.0 |
1.19 |
70.8 |
1.07 |
66.2 |
1.23 |
Price increase similar to current rate |
18.5 |
0.93 |
18.1 |
0.81 |
17.4 |
0.93 |
17.3 |
0.82 |
19.3 |
1.00 |
Price increase less than current rate |
2.9 |
0.38 |
3.3 |
0.39 |
3.1 |
0.41 |
3.1 |
0.36 |
2.8 |
0.32 |
No changes in prices |
10.1 |
0.68 |
7.8 |
0.50 |
6.1 |
0.48 |
5.8 |
0.47 |
8.1 |
0.61 |
Decline in prices |
3.1 |
0.41 |
2.6 |
0.29 |
2.4 |
0.29 |
2.8 |
0.36 |
3.4 |
0.41 |
Food Product |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
80.9 |
0.87 |
83.8 |
0.71 |
85.3 |
0.72 |
86.7 |
0.72 |
83.5 |
0.76 |
Price increase more than current rate |
55.7 |
1.18 |
58.2 |
1.06 |
60.9 |
1.19 |
62.8 |
1.10 |
58.1 |
1.18 |
Price increase similar to current rate |
20.9 |
0.97 |
20.4 |
0.86 |
19.6 |
0.91 |
19.2 |
0.82 |
21.3 |
0.98 |
Price increase less than current rate |
4.3 |
0.45 |
5.2 |
0.45 |
4.8 |
0.47 |
4.7 |
0.41 |
4.1 |
0.40 |
No changes in prices |
12.5 |
0.72 |
10.9 |
0.61 |
9.8 |
0.59 |
8.1 |
0.52 |
10.5 |
0.65 |
Decline in prices |
6.6 |
0.54 |
5.3 |
0.40 |
5.0 |
0.41 |
5.2 |
0.48 |
6.0 |
0.55 |
Non- Food Product |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
80.4 |
0.91 |
82.9 |
0.72 |
85.8 |
0.73 |
87.0 |
0.72 |
83.6 |
0.78 |
Price increase more than current rate |
56.6 |
1.21 |
57.5 |
1.09 |
62.4 |
1.18 |
63.7 |
1.09 |
58.9 |
1.16 |
Price increase similar to current rate |
19.0 |
0.91 |
20.5 |
0.86 |
18.9 |
0.89 |
19.1 |
0.82 |
20.8 |
0.92 |
Price increase less than current rate |
4.7 |
0.49 |
4.9 |
0.44 |
4.5 |
0.44 |
4.3 |
0.40 |
3.9 |
0.38 |
No changes in prices |
13.4 |
0.76 |
12.0 |
0.61 |
9.7 |
0.60 |
8.2 |
0.54 |
10.9 |
0.68 |
Decline in prices |
6.3 |
0.57 |
5.0 |
0.41 |
4.5 |
0.40 |
4.7 |
0.47 |
5.4 |
0.54 |
Household Durables |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
69.2 |
1.05 |
75.4 |
0.87 |
77.3 |
0.84 |
78.7 |
0.84 |
75.5 |
0.84 |
Price increase more than current rate |
46.8 |
1.17 |
52.1 |
1.07 |
54.1 |
1.16 |
56.4 |
1.09 |
52.2 |
1.12 |
Price increase similar to current rate |
18.5 |
0.88 |
18.7 |
0.81 |
18.3 |
0.89 |
17.4 |
0.75 |
19.3 |
0.88 |
Price increase less than current rate |
3.9 |
0.41 |
4.6 |
0.45 |
4.8 |
0.48 |
4.9 |
0.42 |
4.0 |
0.39 |
No changes in prices |
22.6 |
0.96 |
18.5 |
0.77 |
17.1 |
0.74 |
15.9 |
0.72 |
18.3 |
0.78 |
Decline in prices |
8.2 |
0.62 |
6.1 |
0.44 |
5.6 |
0.43 |
5.3 |
0.46 |
6.1 |
0.49 |
Cost of Housing |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
71.8 |
1.07 |
79.3 |
0.78 |
83.1 |
0.75 |
85.3 |
0.72 |
83.4 |
0.75 |
Price increase more than current rate |
50.8 |
1.21 |
57.0 |
1.03 |
61.1 |
1.17 |
64.2 |
1.07 |
61.4 |
1.14 |
Price increase similar to current rate |
16.7 |
0.86 |
18.1 |
0.78 |
17.6 |
0.88 |
17.2 |
0.77 |
18.6 |
0.87 |
Price increase less than current rate |
4.3 |
0.44 |
4.2 |
0.43 |
4.5 |
0.43 |
4.0 |
0.38 |
3.4 |
0.36 |
No changes in prices |
19.8 |
0.92 |
15.1 |
0.66 |
13.2 |
0.67 |
10.5 |
0.60 |
12.4 |
0.67 |
Decline in prices |
8.4 |
0.68 |
5.6 |
0.43 |
3.7 |
0.36 |
4.1 |
0.40 |
4.1 |
0.42 |
Cost of Services |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
80.9 |
0.87 |
82.0 |
0.75 |
83.0 |
0.79 |
84.9 |
0.78 |
81.1 |
0.84 |
Price increase more than current rate |
55.8 |
1.17 |
57.5 |
1.04 |
59.2 |
1.25 |
62.2 |
1.10 |
57.4 |
1.17 |
Price increase similar to current rate |
20.6 |
0.91 |
19.8 |
0.81 |
18.8 |
0.93 |
17.8 |
0.78 |
19.9 |
0.95 |
Price increase less than current rate |
4.5 |
0.47 |
4.6 |
0.44 |
5.0 |
0.47 |
4.9 |
0.42 |
3.9 |
0.39 |
No changes in prices |
15.7 |
0.80 |
15.1 |
0.68 |
14.1 |
0.71 |
12.0 |
0.67 |
15.0 |
0.80 |
Decline in prices |
3.4 |
0.41 |
3.0 |
0.31 |
3.0 |
0.32 |
3.0 |
0.38 |
3.8 |
0.45 |
Note: |
1. The table provides estimates and standard errors for qualitative responses. |
2. Constituent items may not add up to the corresponding total, due to rounding off. |