Fifth District Survey of Non-Manufacturing Activity: Prices paid: Current (average percent change; per cent; seasonally unadjusted) - United States - Richmond FED - Monthly
This series is part of the dataset: Fifth District Survey of Non-Manufacturing Activity (Richmond FED)
Download Full Dataset (.xlsx)Latest updates. Based on a sample of nonmanufacturing firms surveyed by the Fed, the seasonally unadjusted average percent change in prices paid over the past 12 months was 5.17 per cent in September 2026, compared to 5.47 in the previous month.
Sample. There are 190 records overall in the monthly time series displayed in the chart above. The series covers the time span stretching from December 2010 to September 2026.
History. Here's a snapshot of some statistics we calculated on the entire sample: the average percent change reached its lowest level of 1.50 per cent in November 2015; it reached a maximum of 11.83 per cent in August 2022; it was equal on average to 3.92 per cent.
Latest values
| Date | Value - Per cent |
|---|---|
| 2026-07-31 | 5.20000 |
| 2026-08-31 | 5.47000 |
| 2026-09-30 | 5.17000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Average percent change for the question: What was the average percent change in prices paid over the past 12 months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Price |
| Deflation method | Not applicable |
| Seasonally adjusted | No |
| Rescaling | None |
| Frequency | Monthly |
| Unit | Per cent |
| Source | Federal Reserve Bank of Richmond |
| Source type | Central bank |
| Data licence | Not copyrightable under U.S. law |
| Measure type | Average percent change reported by survey respondents |
| Other information | Not available |
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