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. According to survey data about nonmanufacturing firms collected by the Federal Reserve Bank of Richmond, 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. There are 190 records in the monthly series presented in the plot above. The series covers the time span stretching from December 2010 to September 2026.
History. Here's a snapshot of some simple statistics we computed on the entire sample: the average percent change averaged 3.57 per cent; it achieved a maximum of 7.88 per cent in June 2022; it registered a minimum of 1.57 per cent in April 2020.
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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