The latest release from the Federal Reserve’s Beige Book reveals that prices have exhibited a gentle rise in the recent reporting period. It is noteworthy that three regions showed only slight growth in sales prices. Moreover, increases in non-labor input costs were characterized as moderate to mild, with an overall trend suggesting a slowing down. However, one region reported that its input cost growth is speeding up. Some regions are also grappling with persistent hikes in freight and insurance expenses. By contrast, there are indications of some relief in cost pressures for items like food, wood, and concrete. As for the outlook, the common sentiment among respondents is that it is anticipated that price and cost pressures will stay steady, and could potentially alleviate further, in the upcoming months.