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US Future Inflation Gauge Ticks Up

U.S. inflationary pressures were higher in September, as the U.S. future inflation gauge grew to 99.9 from a revised 99.2 in August , originally reported as 99.5, according to data released Friday morning by the Economic Cycle Research Institute.

“Despite its recent uptick, the USFIG is still close to July's ten-month low. Thus, U.S. inflation pressures remain in a cyclical downtrend,” ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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