Inflationary pressures were higher in September, as the U.S. future inflation gauge grew to 99.9 from a revised 99.2 in August, originally reported as 99.5, according to data released Friday morning by the Economic Cycle Research Institute.

“Despite its recent uptick, the [future inflation gauge] is still close to July’s 10-month low. Thus, U.S. inflation pressures remain in a cyclical downtrend,” Lakshman Achuthan, the institute’s chief operations officer, said in a release.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.