New Delhi, Aug. 7 -- Indian households have perceived and expected a decline in inflation levels, according to the Reserve Bank of India's July 2025 round of its bi-monthly Inflation Expectations Survey of Households (IESH).

The survey, conducted between July 1-12 across 19 major cities, covering 5,197 valid responses, indicates a broad-based easing of inflationary concerns.

The median perception of current inflation dropped by 50 basis points to 7.2 per cent in July from 7.7 per cent in May 2025.

Inflation expectations for the next three months and one year ahead also fell by 60 and 50 basis points, respectively, to 8.3 per cent and 9.0 per cent.

For the three-month horizon, 79.5 per cent of households expect prices to increase, down...