ECRI Inflation Gauge Slips to 105.0 in September

U.S. inflationary pressures were lower in August, as the U.S. future inflation gauge fell to 105.0 from a downwardly revised August 105.9 reading, according to data released Friday morning by the Economic Cycle Research Institute.

The august number was first reported as 106.9.

"While the USFIG has eased lately, it remains near a six-year high, indicating that underlying inflation pressures are still somewhat elevated," ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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