Businesses' Expected Inflation Rises to 2.8%
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Businesses' Expected Inflation Rises to 2.8%
Firms’ year-ahead inflation expectations increased by 0.3 percentage points to 2.8% on average, the Federal Reserve Bank of Atlanta reported late last month in its Business Inflation Expectations Survey. Sales levels and profit margins “compared to normal” both decreased, the bank said. Year-over-year unit cost growth fell to 2.2% on average. The post Businesses’ Expected Inflation Rises to 2.8% appeared first on Arkansas Business — Business New…
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