🇮🇹 Italy's Producer Price Index Just Collapsed! 📉

Italy’s PPI (Year-over-Year) for November just dropped to -0.2%, a significant reversal from the previous reading of 0.1%. This indicates deflationary pressures building within the Italian manufacturing sector. A weakening PPI often precedes lower consumer prices, potentially influencing the European Central Bank’s monetary policy decisions. Keep a close eye on how this impacts broader European markets and risk sentiment. 🇪🇺 This could be a signal for $BTC and other risk assets.

#PPI #Inflation #Italy #Economics 🐻

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