📰 U.S. producer inflation calls for a closer look beyond the headline.
🔎 September final-demand PPI rose 1.3% month on month, seasonally adjusted, and 6.3% year on year, unadjusted. Excluding food, energy and trade services, the monthly increase was 0.5%.
💡 If using this release to assess inflation pressure, keep those measures distinct. It reports producer prices; it does not establish how crypto will trade next.
🔗 Source: https://www.bls.gov/news.release/ppi.nr0.htm
#Inflation #Macro #Crypto
🔎 September final-demand PPI rose 1.3% month on month, seasonally adjusted, and 6.3% year on year, unadjusted. Excluding food, energy and trade services, the monthly increase was 0.5%.
💡 If using this release to assess inflation pressure, keep those measures distinct. It reports producer prices; it does not establish how crypto will trade next.
🔗 Source: https://www.bls.gov/news.release/ppi.nr0.htm
#Inflation #Macro #Crypto