WASHINGTON — The Atlanta Federal Reserve Bank's monthly survey released Wednesday showed businesses in the Sixth district raised their inflation expectations for the coming year to a 2.1% rate for unit costs, the highest monthly increase since the survey series began in October last year.

The survey also noted an increase in the expectation among businesses for prices increases over the next year due to labor costs, but sales levels were forecast as "now more likely" to put downward pressure on prices over the next 12 months.

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