Jamaican businesses are bracing for a potential uptick in prices, despite falling annual inflation, which was estimated at 1.2 per cent in August, one of the lowest levels in recent years. “Respondents indicated that they expected the largest increase in production costs over the next twelve months to emanate from stock replacement, then utilities followed by wages and salaries in that order. Fuel and Transport are anticipated to have the lowest increase over the next 12 months,” said the Bank of Jamaica in its latest Inflation Expectations Survey report.