Wholesale egg prices have declined by over 50% from their recent record highs. Retail prices may soon follow, but that’s not a sure thing.
The producer price index was expected to decrease 0.1% in December, according to Dow Jones estimates.
The producer price index, a measure of what companies get for their products in the pipeline, increased 0.3% for the month and 7.4% from a year ago.
These are the stocks posting the largest moves before the bell.
Treasury yields fell on Tuesday as markets after October’s producer price index figures came in less than expected, indicating inflation may be slowing