May Business Inflation Expectations: Up 2.0 percent over the next 12 months and 1.8 percent over past year

Respondents to the Atlanta Fed Survey indicated that, on average, they expect unit costs to rise 2.0 percent over the next 12 months. Inflation uncertainty increased slightly to 2.2 percent. Firms also report that, compared to this time last year, their unit costs are up 1.8 percent.

READ MORE