BREAKING NEWS: Producer Inflation Announced in the US! Is It Good or Bad for Bitcoin?
The US producer inflation data, which is closely followed by the FED, has been announced.
The United States (US), shown as the world's largest economy, deeply affects traditional financial markets and the cryptocurrency sector. As of today, all eyes in the money markets were again on the data to come from the US.
In the past minutes, producer inflation data in the US, which is also closely followed by the FED, has been announced. Here are the latest US PPI data:
US Annual Producer Price Index (PPI):
Previous: 2.1%
Expected: 1.8%
Reported: 1.7%
US Monthly Producer Price Index (PPI):
Previous: 0.1%
Expected: 0.1%
Reported: 0.2%
US Annual Core Producer Price Index (PPI):
Previous: 2.4%
Expected: 2.5%
Reported: 2.4%
US Monthly Core Producer Price Index (PPI):
Previous: -0.2%
Expected: 0.2%
Reported: 0.3%
US Unemployment Claims:
Previous: 228K
Expected: 227K
Reported: 230K
It was observed that the latest economic data in the US was announced in line with expectations or very close to expectations. There are no surprises for financial markets in the latest PPI data.
