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ECRI Inflation Gauge Rises to 100.3 in November

U.S. inflationary pressures were slightly higher in November, as the U.S. future inflation gauge climbed to 100.3 from the revised October 99.7 reading, originally reported 99.5, according to data released Friday morning by the Economic Cycle Research Institute.

"With the USFIG staying near October's 22-month low, underlying inflation pressures remain in a cyclical downtrend," ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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