Consider the following statements regarding the Reserve Bank of India's Household Inflation Expectations Survey conducted in January 2025:
- The survey covered 6,096 respondents across 19 major cities, with 55.4% female participation.
- The median inflation expectation for the three-month horizon increased by 20 basis points to 9.3%.
- The median inflation expectation for the one-year horizon decreased by 10 basis points to 8.8%.
Which of the above statements is/are correct?
1
1 only
2
2 and 3 only
3
1 and 2 only
4
1 and 3 only
5
1, 2, and 3