Yes, egg prices have increased in recent months due to a bird flu outbreak. Inflation is also a contributing factor to the price increases.
Government data show a “very sharp increase” in egg prices over the past year, Steve Reed, senior economist with the Bureau of Labor Statistics’ Consumer Price Index Program, told VERIFY.
The increase in egg prices is largely driven by two factors: a bird flu outbreak that’s led to the loss of tens of millions of egg-laying hens, and inflation, experts say.
BLS data show that the national average price for a dozen large, Grade A eggs hit $4.25 in December 2022, up from $1.79 one year earlier.
In the week leading up to Christmas, the average price for eggs was 267% higher than it was at the beginning of 2022 and 210% higher than the same time one year earlier, according to the U.S. Department of Agriculture (USDA).
“Lower-than-usual shell egg inventories near the end of the year, combined with increased demand stemming from the holiday baking season, resulted in several successive weeks of record high egg prices,” the USDA said.
Carmen Blackwell reports: [ Ссылка ] --
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