January 2012: How frequently do firms make very small adjustments to their prices?

Out of every 20 price changes you make, roughly how many are adjustments of less than 1 percent?

Number of
responses
0 1-2 3-5 6-10 11-15 16-20 N/A
161 35% 14% 13% 15% 6% 9% 9%

The results were mixed. A significant share (35 percent) of firms indicated that they do not make very small price adjustments. However, for a significant minority of businesses, small price adjustments were common.