US producer prices surge on costly eggs, but disinflationary trend intact
Source: Live Mint Producer prices increase 0.4% in November Goods, primarily eggs account for bulk of the rise in PPI Moderate rise in services bodes well for core PCE inflation Weekly jobless claims increase 17,000 to 242,000 Continuing claims advance 15,000 to 1.886 million WASHINGTON, – U.S. producer prices increased by the most in five…