TechFlow news, September 5 — One week after the U.S. Department of Commerce selected Pyth Network for on-chain economic data verification and distribution of GDP data, Pyth Network announced an expansion of its macroeconomic indicator coverage to include the following core economic data:
Employment: Nonfarm payrolls, unemployment rate, wage growth
Inflation: Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures (PCE)—including both headline and core measures
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 new possibilities for transparent, efficient, and innovative applications, marking a further step toward Pyth Network’s vision of a “global universal pricing layer.”
