PANews reported on December 12 that according to Jinshi data, the number of initial jobless claims in the United States in the week ended December 7 was 242,000, higher than the previous value of 224,000 and the expected value of 220,000, indicating that the pressure on the job market has increased. However, the annual rate of PPI in November was 3%, higher than the previous value of 2.4% and the expected value of 2.6%; the monthly rate of PPI was 0.4%, higher than the previous value of 0.2% and the expected value of 0.2%, reflecting the acceleration of inflation. The data showed that the job market was weakening but the inflationary pressure was increasing, which may have a differentiated impact on the market.
The number of initial jobless claims in the United States in the week ended December 7 was 242,000, and the annual PPI rate in November was 3%.
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