according to the official announcement, one week after the US Department of Commerce selected Pyth Network for on-chain economic data verification and distribution, Pyth Network announced the expansion of macroeconomic indicators coverage, adding core economic indicators 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 on-chain products, opening up new possibilities for transparent, efficient, and innovative products, also marking Pyth Network further realizing its vision of a globally universal price layer.
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