Inflationary pressures were lower in June, as the future inflation gauge slid to 101.0 from a revised 101.3 in May, originally reported as 101.0, according to data released Friday by the Economic Cycle Research Institute.

"With the USFIG falling for three straight months, U.S. inflation pressures are in a clear cyclical downturn," chief operations officer Lakshman Achuthan said in a release.

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