Short-term price expectations continue to rise

Virginians pushed their short-term price expectations to levels not seen in over a decade

A time series graph of short- and long-term price expectations.

Short-term price expectations refer to the coming year, long-term price expectations refer to the next five years. Each can be interpreted as an estimate for inflation expectations.

Chart: Alice Louise Kassens, PhD Source: Roanoke College Institute for Policy and Opinion Research Get the data