U.S. inflationary pressures were slightly lower in February, as the U.S. future inflation gauge dipped to 105.6 from an upwardly revised 105.8 in January, originally reported as 105.2, according to data released Friday morning by the Economic Cycle Research Institute.

"The February dip in the USFIG is consistent with relatively restrained inflation pressures," ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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