According to the official announcement, one week after the US Department of Commerce selected Pyth Network for on-chain economic data verification and distribution to put GDP data on the chain, Pyth Network announced the expansion of the coverage of macroeconomic indicators, adding core economic indicator data including:
Employment: non-farm payrolls, unemployment rate, wage growth
Inflation: Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditure (PCE) - both aggregate 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 metrics and integrate them into on-chain products, opening up new possibilities for transparent, efficient, and innovative products, and signifying Pyth Network's further realization of its vision of a global universal price tier.
Pyth announces expanded coverage of macroeconomic indicators, with new job creation, inflation, and other data
2025-09-05 13:26:54
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