ECRI Inflation Gauge Slips to 103.1 in March

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U.S. inflationary pressures were lower in March, as the U.S. future inflation gauge dipped to 103.1 from the revised February 104.4 reading, according to data released Friday morning by the Economic Cycle Research Institute.

The February reading was initially reported as 104.1.

"With the dip in the USFIG pushing it further below its earlier highs, underlying inflation pressures remain restrained," ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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