November's PPI reading shows notable acceleration in price pressures. Headline inflation jumped to +3% year-over-year, up from +2.7% the month prior, signaling stronger inflationary momentum than expected. More critically, core PPI—which strips out volatile food and energy components—also ticked up to +3% versus +2.6% previously. This sticky core inflation matters for markets. When underlying price pressures persist beyond commodities, it typically keeps central banks cautious on rate cuts and can influence broader asset class sentiment, including digital assets. Traders watching macro cycles should monitor whether this trend continues or consolidates.