February 2012: Long-term inflation expectations
Projecting ahead, to the best of your ability, please assign a percent likelihood to the following changes to unit costs per year over the next five to 10 years.
| Number of responses |
Unit costs down |
Unit costs about unchanged (–1% to 1%) |
Unit costs up somewhat (1.1% to 3%) |
Unit costs up significantly (3.1% to 5%) |
Unit costs up very significantly (>5%) |
Mean | Median | Mode | Variance |
|---|---|---|---|---|---|---|---|---|---|
| 89 | 4% | 11% | 38% | 29% | 17% | 2.9 | 2.9 | 2.9 | 2.8 |
Note: Responses to the special question are limited to those that were submitted after 5:30 p.m. Monday, February 13, due to a variation in the question text.