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Eggs Are The Villain In July Inflation Data: Grocery Prices Edge Higher As Other Sectors Cool

Benzinga ·  15:43

For those shopping for groceries, a modest 0.1% increase in the food-at-home index might seem manageable, but specific items are pricier than others.

For example, data shows consumers faced a sharp 5.5% increase in egg prices, contributing to a 0.7% rise in the broader meats, poultry, fish and eggs category.

This spike is particularly burdensome for families relying on eggs as a staple protein source, pushing them to either absorb the cost or seek alternatives.

For July, the average price per dozen large Grade A eggs in U.S. cities was $3.08. This trend highlights the marked, ongoing volatility in egg prices...

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