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ECRI Inflation Gauge Rises to 104.1 in February

U.S. inflationary pressures were higher in February, as the U.S. future inflation gauge climbed to 104.1 from the revised January 102.1 reading, according to data released Friday morning by the Economic Cycle Research Institute.

The January reading was initially reported as 101.4.

"Despite its recent uptick, the USFIG remains below its earlier highs," ECRI Chief Operations Officer Lakshman Achuthan said in a release, "Thus, underlying inflation pressures are still in check."

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