The US November PPI increased by 0.9% year-on-year, with an expected growth of 1.0%
In November, the US PPI increased by 0.9% YoY, lower than the expected 1.0% and previous value of 1.3%; MoM, the PPI remained unchanged in November, in line with expectations of 0.0%, while the previous value showed a decrease of 0.5%.
After the release of November's PPI data, US stock index futures continued to rise; Bitcoin briefly surged to $41,462.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC and ETH options worth $4.68 billion will expire today
Matrixport: Bitcoin enters a "micro bear market," with the market at a critical turning point
Spanish ACS Group and BlackRock’s GIP reach $26.8 billion data center cooperation agreement