ECRI Inflation Gauge Falls to 104.1 in December

U.S. inflationary pressures were lower in December, as the U.S. future inflation gauge fell to 104.1 from a revised November 104.5 reading, first reported as 104.7, according to data released Friday morning by the Economic Cycle Research Institute.

"The USFIG has eased from its summer high," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures have softened somewhat, but remain above earlier cycle lows."

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