December PPI inflation data just hit the market: -1.9% year-over-year, slightly beating the -2.0% forecast but showing improvement from November's -2.2% reading. This deflationary trend matters for investors tracking macro headwinds—softer producer price pressures could ease supply chain concerns and influence broader asset positioning across crypto and traditional markets. The data points to persistent demand weakness in manufacturing, a key metric worth watching as markets price in economic growth expectations.