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US producer prices jump on eggs but Fed categories come in soft

The PPI for final demand rose 0.4% from a month earlier, the most since June

Bloomberg News

US wholesale inflation unexpectedly accelerated in November on a surge in egg prices, while other categories suggested a muted increase in the Federal Reserve’s preferred price gauge. The producer price index for final demand rose 0.4% from a month earlier, the most since June, according to a Bureau of Labor Statistics report released Thursday. Details […]

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