ECRI Inflation Gauge Gains to 104.0 in December

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U.S. inflationary pressures were slightly higher in December, as the U.S. future inflation gauge climbed to 104.0 from an upwardly revised 102.6 in November, originally reported as 102.5, according to data released Friday morning by the Economic Cycle Research Institute.

"With the USFIG staying in a rising trend over the past year, U.S. inflation pressures have increased somewhat," ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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