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Pyth Expands Coverage of Macroeconomic Indicators, Adds Employment, Inflation Data
Summary: According to official announcement, following the integration of GDP data onto the blockchain by the U.S. Department of Commerce through Pyth Network, Pyth Network has announced an expansion of coverage of macroeconomic indicators, adding core economic indicator data including: Employment - non-farm employment numbers, unemployment rate, wage growth; Inflation - Consumer Price Index (CPI), Producer ...
According to official announcement, following the integration of GDP data onto the blockchain by the U.S. Department of Commerce through Pyth Network, Pyth Network has announced an expansion of coverage of macroeconomic indicators, adding core economic indicator data including: Employment - non-farm employment numbers, unemployment rate, wage growth; Inflation - Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures (PCE) - including both overall and core indicators; Growth and Accounts - GDP index, GDP growth, and current account balance; Business Activity - Purchasing Managers' Index (PMI). Developers, institutions, and protocols can now directly access real-time macroeconomic indicators and integrate them into blockchain products, opening up new possibilities for transparent, efficient, and innovative products, and further realizing Pyth Network's vision of a 'global universal price layer'.
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