U.S. inflationary pressures were up in September, as the U.S. future inflation gauge gained to 113.1 from an upwardly revised 112.7 reading in July, first reported as 112.6, according to data released Friday morning by the Economic Cycle Research Institute.

"The USFIG increased in September to a 99-month high," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures continue to mount."