In February, egg prices fell 6.7% compared to January, according to seasonally adjusted data from the Bureau of Labor Statistics.
In February, egg prices fell 6.7% compared to January, according to seasonally adjusted data released Tuesday by the Bureau of Labor Statistics. Groceries rose 0.3% in that time, while menu items got 0.6% more expensive, for overall food inflation of 0.4% in February. It’s a welcome reversal: Egg prices have been astronomically high, fueled by short supply caused by the deadly avian flu, high input costs and egg producers increasing their own profits.
Plus, those factors have given food manufacturers cover to raise prices, and their own profits, in recent years, raising consumer prices. What got more expensive in the grocery store this year Though the rise in egg prices has been the most dramatic, plenty of other food items got more expensive over the past year. Margarine shot up 39.8%, and butter spiked 20.7%. Flour got 19.8% more expensive, bread rose 15.8% and breakfast sausage got 9.7% pricier, with poultry rising 9.5%. Ice cream got 13.
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