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% |