BREAKING NEWS: US Producer Inflation Announced! Is It Good or Bad for Bitcoin?

US producer inflation data, which is closely monitored 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 monitored 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.