U.S. inflationary pressures were lower in August, as the U.S. future inflation gauge fell to 105.0 from a downwardly revised August 105.9 reading, according to data released Friday morning by the Economic Cycle Research Institute.
The august number was
"While the USFIG has eased lately, it remains near a six-year high, indicating that underlying inflation pressures are still somewhat elevated," ECRI Chief Operations Officer Lakshman Achuthan said in a release.