UK PPI Core Output MoM (Feb) M/M -0.8% (Prev. 0.2%)
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India delays plans that require coal-fired power plants to reduce operating load by a year
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UK PPI Core Output MoM (Feb) M/M -0.8% (Prev. 0.2%)
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Context
The UK PPI Core Output showed a significant month-over-month decline of 0.8%, down from a prior increase of 0.2%. This negative print may suggest easing inflation pressures, which could influence the Bank of England's policy outlook, especially in terms of interest rates. Traders should watch for potential shifts in market sentiment regarding the growth-inflation mix.
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