2026-08-04 · 10:00 Richmond Fed Business Attitudes on Pricing and Inflation: July 2026

Sector	Measure	January 2026	April 2026	July 2026
Overall	Expected CPI Growth (Next 12 Months)	3.49%	4.05%	3.63%
	Expected CPI Growth (Next 5 Years)	3.83%	3.99%	3.49%
Manufacturing	Expected CPI Growth (Next 12 Months)	3.66%	4.14%	3.60%
	Expected CPI Growth (Next 5 Years)	3.89%	4.16%	3.41%
Non-Manufacturing	Expected CPI Growth (Next 12 Months)	3.36%	3.99%	3.65%
	Expected CPI Growth (Next 5 Years)	3.79%	3.89%	3.54%

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2026-05-05 · 10:00 Richmond Fed Business Attitudes on Pricing and Inflation: April 2026

Sector	Measure	October 2025	January 2026	April 2026
Overall	Expected CPI Growth (Next 12 Months)	3.60%	3.49%	4.05%
	Expected CPI Growth (Next 5 Years)	3.77%	3.83%	3.99%
Manufacturing	Expected CPI Growth (Next 12 Months)	3.53%	3.66%	4.14%
	Expected CPI Growth (Next 5 Years)	3.60%	3.89%	4.16%
Non-Manufacturing	Expected CPI Growth (Next 12 Months)	3.63%	3.36%	3.99%
	Expected CPI Growth (Next 5 Years)	3.85%	3.79%	3.89%

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2026-02-03 · 10:00 Richmond Fed Business Attitudes on Pricing and Inflation: January 2026

Sector	Measure	July 2025	October 2025	January 2026
Overall	Expected CPI Growth (Next 12 Months)	3.81%	3.65%	3.51%
	Expected CPI Growth (Next 5 Years)	4.06%	3.77%	3.86%
Manufacturing	Expected CPI Growth (Next 12 Months)	3.83%	3.71%	3.70%
	Expected CPI Growth (Next 5 Years)	3.87%	3.50%	3.96%
Non-Manufacturing	Expected CPI Growth (Next 12 Months)	3.77%	3.50%	3.37%
	Expected CPI Growth (Next 5 Years)	4.13%	3.87%	3.79%

 

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2025-11-04 · 10:00 Richmond Fed Business Attitudes on Pricing and Inflation: October 2025

Sector	Measure	July 2025	October 2025
Overall	Expected CPI Growth (Next 12 Months)	3.81%	3.65%
	Expected CPI Growth (Next 5 Years)	4.06%	3.77%
Manufacturing	Expected CPI Growth (Next 12 Months)	3.83%	3.71%
	Expected CPI Growth (Next 5 Years)	3.87%	3.50%
Non-Manufacturing	Expected CPI Growth (Next 12 Months)	3.77%	3.50%
	Expected CPI Growth (Next 5 Years)	4.13%	3.87%

 

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