Consumer and producer prices for November are out at 8:30 p.m. ET. Analysts polled by Bloomberg expect consumer prices to rise 2.1 percent, and producer prices to fall 2 percent. Bank of America's Ting Lu expects consumer prices to rise 2.1 percent because of a lower year-over-year base against which it is being compared, and because of a recent uptick in food prices: "By breakdown, we estimate MoM food inflation to rise to 0.3% from -0.8% in October on seasonally higher (just slightly higher) vegetable prices due to cold weather.

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