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Business Attitudes on Pricing and Inflation
Last Update: July 2025
Next Update: November 4, 2025
The Business Attitudes on Pricing and Inflation questions measure, among other things:
- One-year and five-year inflation expectations.
- The extent to which firms follow aggregate inflation measures.
- The importance of factors such as inflation, costs, and competitive pressures in pricing decisions.
These questions are added at the start of every quarter to the existing Regional Surveys of Business Activity.
Survey Description & Methodology
Certain questions in the BAPI survey were constructed to align with those in the Cleveland Fed’s Survey of Firms’ Inflation Expectations (SoFIE).
To learn how we apply BAPI data within our policy and analytical framework perspective, read our article, Inflation Expectations and Price Setting Among Fifth District Firms, and explore more about the Richmond Fed’s Regional Surveys of Business Activity.
To cite the Business Attitudes on Pricing Inflation, please use the following format: “Business Attitudes on Pricing Inflation.” Federal Reserve Bank of Richmond. https://www.richmondfed.org/region_communities/regional_data_analysis/business_surveys/pricing_and_inflation.
Related Research
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Surekha Carpenter and Taylor Pessin share their initial learnings about community development financial institutions that responded to the 2025 CDFI Survey, which is conducted every other year by the Federal Reserve. Carpenter is a senior research analyst and Pessin is an intermediate research analyst, both on the Regional and Community Analysis team at the Federal Reserve Bank of Richmond.
October 16, 2025
This post explores the experiences of rural CDFIs using data from the most recent CDFI Survey, including funding challenges and reliance on federal funding.
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