U.S. inflationary pressures were lower in August as the U.S. future inflation gauge fell to six-year low of 103.7 from a downwardly revised 107.3 in August, originally reported as 109.3, according to data released Friday by the Economic Cycle Research Institute.

The smoothed annualized growth rate, a comparison of the latest figures to the preceding year’s average level, widened to negative 17.8% from negative 13.9%, originally reported as negative 11.0%.

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