July 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.
| N | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| February 17, 2012 | 89 | 4% | 11% | 38% | 29% | 17% | 2.9% | 2.9% | 2.9% | 2.8% |
| April 13, 2012 | 152 | 4% | 12% | 36% | 30% | 18% | 3.0% | 3.0% | 2.9% | 2.6% |
| July 20, 2012 | 153 | 4% | 15% | 36% | 26% | 19% | 2.8% | 2.9% | 3.0% | 2.9% |