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Inflation, explained by eggs

Inflation, explained by eggs

vox.com

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Explaining Inflation

From groceries to gas, prices are up on a multitude of items — including one particular consumer staple: eggs.

There’s a lot of chatter around exactly why inflation is relatively high, not only in the United States but globally. Some people blame the pandemic, others the supply chain, other...

The Consumer Price Index

The Consumer Price Index, which measures the average change in prices paid for things like food, clothes, housing, and transportation, was up by 7.5 percent overall over the past year as of January.

The price of eggs, according to ...

The Egg Industry

The egg industry, like every industry, is facing higher prices and challenges that are leading to costlier eggs for consumers overall.

According to USDA data,the average year-to-date price on Grade A large eggs was $1.46 a dozen, which is up from $1.01 a dozen in 2021 and $1.00 a dozen in 2...

Transportation Costs

Increased freight costs are contributing to higher prices as well. Trucks to get the eggs from point A to point B are more expensive, as is fuel (likely becoming even more so now, thanks to the R...

Everything is getting more expensive because everything else is, including when it comes to eggs. Like it has all industries, the pandemic has shaped the story of the egg market over the past two years, and that story hasn’t been a linear one. When the pandemic hit, there was a big spike in deman...

Month On Month CPI

Looking at the Consumer Price Index month to month, you can see how egg prices have bounced around during the Covid-19 outbreak. The CPI for eggs jumped by 15 percent in April 20...

It’s Expensive to Be Nice to Chickens

As corporations and states start to push for eggs from cage-free chickens, that is pushing prices up, too. Essentially, it’s pricey to be nicer to chickens.

Consumer demand for cage-free eggs has grown, though it’s not everyone’s priority. However, when regular eggs are more closely priced ...

The Bottom Line

Eggs don’t paint the full inflation picture in the US, but they do a part of it — it’s more expensive to feed chickens and move eggs around, so it’s more expensive to produce and move eggs, so it’s more expensive for consumers to buy eggs.

They also help highlight the difficulties of solvin...

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