US inflation pressures gauge rises in November-ECRI

NEW YORK, Dec 4 (Reuters) - A monthly gauge of U.S.
inflation pressures continued to climb in November to a
14-month high, pushed up by inflationary moves in job activity
and commodity prices, 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 95.7 in from an upwardly
revised 93.0 in October, which was originally reported as
91.7.

It was the eighth straight month the index has risen,
suggesting U.S. inflation pressures "are beginning to simmer,"
said Lakshman Achuthan, managing director at ECRI.

The November USFIG annualized growth rate, which smooths
out monthly fluctuations, spiked to 26.8 percent from 20.2
percent in October, which was revised higher from 17.3
percent.
(Reporting by Camille Drummond, Editing by Chizu Nomiyama)
((camille.drummond@thomsonreuters.com ; + 1 646-223-6323;
Reuters Messaging: camille.drummond.reuters.com@reuters.net))