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U.S. Inflation Pressures Remain Subdued


A monthly measure of potential U.S. future inflation rose in August but continued to signal muted pressure, a research group said on Friday.

The Economic Cycle Research Institute's U.S. Future Inflation Gauge (USFIG), designed to anticipate cyclical swings in the rate of inflation, rose to 96.7 in August from 95.2 in July, originally reported at 96.1.

"Thus, U.S. inflation pressures remain subdued, but are not indicating deflation danger at this time," ECRI Managing Director Lakshman Achuthan said in a statement.

The USFIG annualized growth rate, which smooths out monthly fluctuations, rose to 0.2 percent from minus 1.0 percent, originally reported as 0.8 percent.
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