ECRI Inflation Gauge Creeps Up to 102.1

U.S. inflationary pressures were higher in February, as the U.S. future inflation gauge grew to 102.1 from a revised 101.9 in January, originally reported as 101.6, according to data released Friday by the Economic Cycle Research Institute.

“With the USFIG rising to a 29-month high, underlying inflation pressures remain in a cyclical upswing,” ECRI chief operations officer Lakshman Achuthan said in a release.

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