U.S. inflationary pressures were lower in October as the U.S. future inflation gauge fell to 81-month low of 95.5 from a downwardly revised 103.5 in September, originally reported as 103.7, according to data released yesterday 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 28.1% from negative 18.2%, originally reported as negative 17.8%. The October decrease was driven by disinflationary moves in all available components.

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