Quantcast
News

ECRI Inflation Gauge Slips to 103.9 in May

U.S. inflationary pressures were slightly lower in May, as the U.S. future inflation gauge slipped to 103.9 from an upwardly revised 105.5 in April, originally reported as 105.4, according to data released Friday morning by the Economic Cycle Research Institute.

"The USFIG has now declined to a six-month low," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, U.S. inflation pressures are in a clear cyclical downturn."

JOIN THE DISCUSSION

SEE MORE IN

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.