ECRI Inflation Gauge Rises to 101.1 in April

U.S. inflationary pressures were up slightly in April, as the U.S. future inflation gauge grew to 101.1 from a revised March 100.2 reading, first reported as 100.5, according to data released Friday morning by the Economic Cycle Research Institute.

"With the USFIG moving up, underlying inflation pressures have risen a little," ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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