Fifth District Survey of Non-Manufacturing Activity: Prices paid: Future (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 firms' responses to the Fifth District Survey of Non-Manufacturing Activity carried out by the Richmond FED, the seasonally unadjusted average percent change in prices paid expected over the next 12 months stood at 5.06 per cent in September 2026, compared to 4.39 in August.
Sample. The monthly series presented in the plot has a total of 190 data points. The time period covered by the series is from December 2010 to September 2026.
History. Here's a glimpse of some statistics calculated on the full sample: the average percent change hit a maximum of 7.88 per cent in June 2022; it reached its lowest level of 1.57 per cent in April 2020; it had a mean value of 3.57 per cent.
Latest values
| Date | Value - Per cent |
|---|---|
| 2026-07-31 | 4.17000 |
| 2026-08-31 | 4.39000 |
| 2026-09-30 | 5.06000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Average percent change for the question: What is the expected average percent change in prices paid over the next 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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