Inflation expectation for a year ahead jumps to 11.4%
The inflation expectation for a year ahead has risen sharply to 11.4% in September from 9.6% in June, an RBI survey has revealed. Further, the three-month-ahead median inflation expectation has increased to 9.5% in the quarter ended September, up from 9.2% the previous quarter's expectations. The expectation survey was carried out by the RBI in 5,300 households in 18 cities.