Egg Prices Hit Record Highs as Inflation and Bird Flu Disrupt U.S. Markets
The cost of eggs has surged to nearly $5 per dozen nationwide, driven by avian flu and lingering economic challenges.
- Egg prices have reached an all-time high of $4.95 per dozen nationally, with some regions, like Chicago, reporting prices over $7 per dozen.
- The surge in egg prices is attributed to a severe outbreak of bird flu, which led to the culling of over 100 million chickens under federal regulations.
- Other consumer goods, such as bread, ground beef, and electricity, have seen modest price increases, while items like milk and oranges have decreased slightly in cost.
- The Trump administration has pledged economic measures, including deregulation, tax cuts, and energy policies, to address inflation and reduce costs for consumers.
- Analysts note that some price trends are seasonal or influenced by global factors, and the administration's policies may take time to show measurable effects.