The prices of eggs in grocery stores nationwide continue to go up, and according to recent inflation data released by the Bureau of Labor Statistics, this isn’t going to stop any time soon. Here’s what we know:
READ MORE: Walmart Slammed For ‘Price Gouging’ After Customer Shows That Egg Prices Have ‘Doubled’ In New Video
CNN – In January, egg prices rose 8.5% compared to the month before, according to inflation data released by the Bureau of Labor Statistics Tuesday. In the year through January, egg prices soared 70.1%. https://t.co/qoElXRpUjK
— Bryce Oselen (@BryceOselen) February 15, 2023
Egg Prices & Inflation: New Data
In January, egg prices across the US rose 8.5% compared to the month before, according to the new data, as CNN reports. Since the first month of 2023, egg prices soared 70.1%.
This, as the outlet points out, is largely due to a deadly, contagious and devastating avian flu outbreak that constrained the national egg supply.
READ MORE: 5 Major Grocery Store Recalls You Need On Your Radar Right Now
Grocery costs increased dramatically over the last year, but nothing beats the price of eggs, which have grown by 70.1%, according to the latest data from the Bureau of Labor Statistics. https://t.co/yHtDhoBha7
— NBC4 Washington (@nbcwashington) March 5, 2023
In the wholesale market, the publication points out that egg prices “hit a record peak in December 2022” and have been “steadily falling” since then.
Those declines, however, haven’t reached consumers, as seen in January 2023’s numbers. Ultimately, compared to other grocery items lately, egg prices “rose most dramatically,” as many grocery shoppers will agree.
READ MORE: 11 Foods You Might Not Be Able To Buy In The Grocery Store In 2023—Stock Up Before They’re Gone
