Many Businesses Expect to Raise Prices in Face of Higher Input Costs: Fed

A woman works at a packing station at the 855,000-square-foot Amazon fulfillment center in Staten Island, one of the five boroughs of New York City, on Feb. 5, 2019. Johannes Eisele/AFP via Getty Images

A number of U.S. businesses facing supply-crunch-driven inflation in input costs say they expect to pass on higher prices to consumers, according to the Federal Reserve.

Producer price inflation and its potential spillover onto store shelves is one the themes from the Fed’s most recent version of the “Beige Book,” released on Sept. 8, which provides an economic snapshot of the United States from early July through August, based on reporting from the central bank’s 12 districts.