The "PPI Core Output (MoM) n.s.a — UK" measures the monthly change in prices that UK producers receive for their goods, excluding volatile items like food and energy (Core), and not adjusted for seasonal effects (n.s.a = not seasonally adjusted). Higher-than-expected readings can signal rising inflation, which may lead to tighter monetary policy and can negatively impact risk assets like crypto and bitcoin, as investors may become more cautious.

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