U.S. inflationary pressures were slightly higher in December, as the U.S. future inflation gauge climbed to 100.7 from the revised November 100.4 reading, originally reported 100.3, according to data released Friday morning by the Economic Cycle Research Institute.
"Despite its recent uptick, the USFIG remains near October's 22-month low," ECRI Chief Operations Officer Lakshman Achuthan said in a release, "Thus, underlying inflation pressures are still subdued."