The October PPI released by the U.S. Bureau of Labor Statistics (BLS) on November 13 showed that prices for final demand rose 0.3% month over month, below September’s revised 1.4%; however, they rose 6.5% year over year, the largest annual increase since November 2022. The details were mixed: final-demand energy prices edged down 0.1% month over month, while prices for transportation and warehousing services rose 2.0%, and truck freight prices rose 3.9%. The index excluding food, energy, and trade services rose 0.5% that month, marking the second consecutive month with the same increase. In its report, CryptoSlate juxtaposed wholesale inflation and freight costs with a discussion of Bitcoin financing conditions; this is the media outlet’s analytical framing, not the BLS’s assessment of crypto assets. Sources: BLS news release, CryptoSlate.$BTC #宏观 #美国通胀 #比特币 #CryptoMarket