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% |