Announcement expected on 11th May at 6pm IST
Trend of US PPI (MoM)
Previous: -0.5% for March
Forecast: 0.3% for April
What to expect?
| Outcome | Expected Impact on crypto market |
| In line with forecast
(same as 0.3%) |
Neutral trend |
| Weaker than forecast
(more than 0.3%) |
Bearish trend |
| Stronger than forecast
(less than 0.3%) |
Bullish trend |
What is the PPI?
PPI is an indicator that measures the change in the prices for goods and services received by domestic producers for their output. It tracks inflation (rising prices) and deflation (falling prices)
Expect Volatility!
Source: Investing.com
Note: This is not an investment advice and we highly recommend that you do your own research
