Household inflation expectations, as per the Reserve Bank's survey, depict a mixed scenario. While current perception declined slightly, expectations for the near term increased. The central bank's caution regarding future inflation, particularly concerning food prices, aligns with household assessments. Adverse weather conditions and geopolitical tensions contribute to uncertainty. Majority foresee higher inflation in the short term, especially in food products. Demographically, the self-employed and men express greater concern about inflation. The survey, conducted bi-monthly, offers insights into near-term inflationary pressures, reflecting respondents' consumption patterns. Read The Rest at :