ECRI Inflation Gauge Rises to 101.4 in January

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U.S. inflationary pressures were slightly higher in January, as the U.S. future inflation gauge climbed to 101.4 from the December 100.7 reading, according to data released Friday morning by the Economic Cycle Research Institute.

"The USFIG stands well below its earlier highs, and is still close to October's 22-month low," ECRI Chief Operations Officer Lakshman Achuthan said in a release, "Thus, underlying inflation pressures remain restrained."

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