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U.S. FIG Rises

U.S. inflationary pressures were slightly higher in December, as the U.S. future inflation gauge crept to 98.6 from a revised 98.4 in November, originally reported as 98.3, according to data released Friday morning by the Economic Cycle Research Institute.

“With the USFIG ending 2011 near the lows of the year, underlying U.S. inflation pressures remain subdued,” ECRI Chief Operations Officer Lakshman Achuthan said in a release.