{"id":142272,"date":"2024-11-14T17:30:44","date_gmt":"2024-11-14T15:30:44","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142272"},"modified":"2024-11-14T17:17:47","modified_gmt":"2024-11-14T15:17:47","slug":"ppi-data-shows-mixed-results-as-unemployment-claims-fall-below-expectations","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ppi-data-shows-mixed-results-as-unemployment-claims-fall-below-expectations\/","title":{"rendered":"PPI Data Shows Mixed Results as Unemployment Claims Fall Below Expectations"},"content":{"rendered":"<p>The Core Producer Price Index (PPI) for October revealed a monthly increase of 0.3%, matching expectations, but slightly higher than the previous month\u2019s 0.2%. On a year-over-year basis, the core PPI rose by 3.1%, surpassing the forecasted 3.0% and marking an increase from the previous year\u2019s 2.8%.<\/p>\n<p>Meanwhile, the overall PPI for October also showed a 0.2% monthly increase, in line with expectations, following a flat reading of 0.0% in September. The annual PPI was reported at 2.4%, exceeding the forecasted 2.3% and up from 1.8% in the previous year.<\/p>\n<p>Additionally, new data on unemployment claims showed a decrease in applications for benefits, with the latest figure at 217,000, better than the anticipated 224,000 and slightly down from the previous week\u2019s 221,000. This positive jobs data suggests some resilience in the labor market despite broader economic uncertainties.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/can-u-s-spot-bitcoin-etfs-keep-momentum-after-hitting-500-billion-in-trading-volume\/\" title=\"Can U.S. Spot Bitcoin ETFs Keep Momentum After Hitting $500 Billion in Trading Volume?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-ETF-990x659-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Can U.S. Spot Bitcoin ETFs Keep Momentum After Hitting $500 Billion in Trading Volume?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>These figures provide key insights into inflationary pressures and employment trends in the US economy, as markets remain attentive to signals that could influence future monetary policy decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US economy continues to show mixed signals, as new data was released today regarding the Producer Price Index (PPI) and unemployment claims.<\/p>\n","protected":false},"author":7,"featured_media":23724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[60],"tags":[],"class_list":["post-142272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PPI Data Shows Mixed Results as Unemployment Claims Fall Below Expectations<\/title>\n<meta name=\"description\" content=\"The US economy continues to show mixed signals, as new data was released today regarding the Producer Price Index (PPI) and...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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