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U.S. inflationary pressures were down in March, as the U.S. future inflation gauge decreased to 113.2 from a 113.5 reading in February, according to data released Friday morning by the Economic Cycle Research Institute.
"While the USFIG dipped in March, it remains in a cyclical upswing," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "In essence, underlying inflation pressures are still elevated."
