Contact Us



U.S. FIG Edges Down

NEW YORK, Oct 6 (Reuters) - U.S. inflation pressures fell in September due mainly to disinflationary move..., a report on Friday said.

The Economic Cycle Research Institute's U.S. Future Inflation Gauge, which is designed to anticipate cyclical swings in the rate of inflation, fell to 120.3 in September from 121.7 in August, which was downwardly revised from 123.1.

"For some time, the decline in underlying inflationary pressures has been pervasive and persistent. With the USFIG now at a 14-month low, the down turn has also become somewhat pronounced," said Lakshman Achuthan, managing director for ECRI.

The index's annualized growth rate, which smooths out monthly fluctuations, dropped to minus 3.4 percent from a downwardly revised minus 1.2 percent in August.