Table 1(a): Product-wise Expectations of Prices for Three Months ahead |
(Percentage of Respondents) |
Survey period ended |
Jan-24 |
Jul-24 |
Sep-24 |
Nov-24 |
Jan-25 |
General |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Estimate |
SE |
Prices will increase |
78.2 |
0.84 |
82.3 |
0.77 |
79.7 |
0.89 |
79.3 |
0.89 |
81.6 |
0.79 |
Price increase more than current rate |
54.4 |
1.09 |
60.5 |
1.13 |
55.5 |
1.21 |
53.6 |
1.24 |
57.9 |
1.11 |
Price increase similar to current rate |
19.5 |
0.80 |
17.3 |
0.86 |
19.2 |
0.86 |
19.9 |
0.87 |
19.2 |
0.86 |
Price increase less than current rate |
4.2 |
0.43 |
4.5 |
0.48 |
5.0 |
0.55 |
5.8 |
0.49 |
4.4 |
0.44 |
No changes in prices |
18.3 |
0.79 |
14.6 |
0.71 |
17.9 |
0.85 |
18.7 |
0.87 |
16.5 |
0.76 |
Decline in prices |
3.6 |
0.37 |
3.1 |
0.37 |
2.5 |
0.32 |
2.0 |
0.29 |
2.0 |
0.29 |
Food Product |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
80.2 |
0.77 |
84.2 |
0.70 |
83.9 |
0.75 |
83.9 |
0.75 |
83.2 |
0.77 |
Price increase more than current rate |
59.3 |
1.00 |
62.1 |
1.03 |
60.7 |
1.07 |
60.7 |
1.08 |
59.3 |
1.03 |
Price increase similar to current rate |
15.6 |
0.72 |
16.0 |
0.75 |
16.7 |
0.77 |
17.0 |
0.81 |
17.3 |
0.78 |
Price increase less than current rate |
5.4 |
0.45 |
6.1 |
0.52 |
6.6 |
0.58 |
6.2 |
0.50 |
6.7 |
0.53 |
No changes in prices |
12.3 |
0.65 |
10.2 |
0.57 |
11.2 |
0.67 |
11.1 |
0.64 |
11.5 |
0.66 |
Decline in prices |
7.5 |
0.51 |
5.6 |
0.47 |
4.9 |
0.42 |
5.0 |
0.44 |
5.3 |
0.45 |
Non- Food Product |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
74.0 |
0.85 |
77.0 |
0.81 |
76.1 |
0.92 |
75.9 |
0.90 |
75.2 |
0.86 |
Price increase more than current rate |
52.3 |
1.03 |
54.5 |
1.10 |
52.4 |
1.11 |
51.7 |
1.14 |
52.5 |
1.04 |
Price increase similar to current rate |
16.4 |
0.71 |
16.2 |
0.79 |
17.7 |
0.78 |
17.9 |
0.78 |
16.8 |
0.74 |
Price increase less than current rate |
5.2 |
0.45 |
6.2 |
0.52 |
6.1 |
0.55 |
6.3 |
0.50 |
6.0 |
0.47 |
No changes in prices |
18.6 |
0.76 |
17.6 |
0.74 |
19.1 |
0.85 |
19.9 |
0.85 |
20.4 |
0.79 |
Decline in prices |
7.4 |
0.52 |
5.4 |
0.48 |
4.7 |
0.42 |
4.2 |
0.39 |
4.4 |
0.40 |
Household Durables |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
65.5 |
0.93 |
68.2 |
0.97 |
64.9 |
1.03 |
66.5 |
1.00 |
67.0 |
0.99 |
Price increase more than current rate |
46.3 |
1.04 |
49.6 |
1.09 |
45.9 |
1.11 |
46.3 |
1.11 |
46.9 |
1.09 |
Price increase similar to current rate |
14.5 |
0.65 |
13.9 |
0.73 |
14.2 |
0.71 |
14.5 |
0.70 |
14.7 |
0.71 |
Price increase less than current rate |
4.7 |
0.42 |
4.7 |
0.44 |
4.7 |
0.48 |
5.7 |
0.50 |
5.4 |
0.45 |
No changes in prices |
25.2 |
0.85 |
23.4 |
0.88 |
25.2 |
0.97 |
24.8 |
0.89 |
25.3 |
0.92 |
Decline in prices |
9.4 |
0.57 |
8.4 |
0.58 |
9.8 |
0.55 |
8.7 |
0.55 |
7.8 |
0.50 |
Cost of Housing |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
78.4 |
0.83 |
78.6 |
0.84 |
77.7 |
0.88 |
78.9 |
0.85 |
78.5 |
0.91 |
Price increase more than current rate |
58.2 |
1.05 |
59.6 |
1.07 |
56.9 |
1.11 |
57.4 |
1.14 |
58.0 |
1.10 |
Price increase similar to current rate |
16.1 |
0.72 |
14.8 |
0.78 |
16.3 |
0.75 |
16.4 |
0.76 |
15.6 |
0.75 |
Price increase less than current rate |
4.0 |
0.41 |
4.1 |
0.45 |
4.5 |
0.48 |
5.1 |
0.46 |
4.9 |
0.44 |
No changes in prices |
18.1 |
0.79 |
18.2 |
0.78 |
19.1 |
0.87 |
18.2 |
0.79 |
18.3 |
0.87 |
Decline in prices |
3.6 |
0.34 |
3.2 |
0.37 |
3.3 |
0.35 |
2.9 |
0.33 |
3.2 |
0.36 |
Cost of Services |
|
|
|
|
|
|
|
|
|
|
Prices will increase |
65.0 |
0.93 |
71.0 |
0.95 |
66.9 |
1.04 |
66.3 |
0.99 |
68.4 |
0.99 |
Price increase more than current rate |
46.1 |
1.02 |
52.7 |
1.12 |
46.9 |
1.15 |
46.6 |
1.12 |
48.2 |
1.10 |
Price increase similar to current rate |
15.0 |
0.69 |
13.6 |
0.70 |
15.5 |
0.73 |
14.8 |
0.70 |
14.9 |
0.74 |
Price increase less than current rate |
3.8 |
0.37 |
4.6 |
0.46 |
4.5 |
0.46 |
5.0 |
0.44 |
5.4 |
0.45 |
No changes in prices |
30.5 |
0.91 |
25.3 |
0.90 |
29.8 |
1.01 |
30.7 |
0.98 |
28.4 |
0.96 |
Decline in prices |
4.5 |
0.41 |
3.7 |
0.38 |
3.2 |
0.35 |
2.9 |
0.33 |
3.1 |
0.36 |
Note: |
1. The table provides estimates and standard errors (SE) for qualitative responses. |
2. Constituent items may not add up to the corresponding total, due to rounding off. |