ECRI Inflation Gauge Grows to 107.8 in March

U.S. inflationary pressures were up in March, as the U.S. future inflation gauge gained to 107.8 from an upwardly revised 107.0 reading in February, according to data released Friday morning by the Economic Cycle Research Institute.

The February reading was first reported as 105.1.

“The USFIG rose further in March to its highest reading since the summer of 2008,” ECRI Chief Operations Officer Lakshman Achuthan said in a release. “Thus, underlying inflation pressures are in a clear cyclical upswing."

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER