By Our RepresentativeThe latest Business Inflation Expectations Survey (BIES), carried by the Indian Institute of Management-Ahmedabad (IIM-A), has suggested that cost perceptions data show some early signs of cost pressures building up, with nearly 50% of the firms believe that the current cost increase is 3.1% and above, as compared to the same time last year. Around 1/4th of the firms perceive the current cost increase in over 6%.