U.S. inflationary pressures were up in February, as the U.S. future inflation gauge increased to 113.4 from a 113.0 reading in January, according to data released Friday morning by the Economic Cycle Research Institute.
"The USFIG inched up further in February, staying in a cyclical upswing," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures remain in a rising trend."