Egg prices are once again spiraling out of control in the U.S., with the Producer Price Index for "eggs for fresh use" surging 55.6% month-over-month in November and a staggering 80.2% year-over-year, according to official data released Thursday.
The Bureau of Labor Statistics highlighted that this single commodity's price jump accounted for nearly a quarter of November's overall rise in the prices of final-demand goods.
While consumers could soon bear the brunt of these producer price increases at their local grocery stores, higher retail prices could translate into stronger profit margins for egg producers...
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