
Egg Prices Blowing Up Because of Avian Flu
The outbreak of avian flu caused the cost of eggs to nearly double last month for producers. Wholesale prices for chicken eggs jumped 84.5 percent in June, the Labor Department said Wednesday.
The spike comes amid otherwise tame inflation across the rest of the economy. The producer price index, which measures the costs of goods and services before they reach consumers, increased 0.4 percent in June.
Over the past 12 months, producer prices have actually fallen 0.7 percent due to lower oil and gasoline costs. Wholesale gas prices rose 4.3 percent last month but are down 30.3 percent from a year ago, keeping inflation firmly in check.
The news is a little late
We saw this weeks ago.
B”H the price in Empire is currently $2.39, down from a high of $2.99. The price before the increase was about $1.69
Milhouse
Yes, the BLS is staffed by statisticians, not psychics; it can only report on the past, not on the future. This story is about the June statistics, which have just now been released.
Blowing up?
Bombs blow up or explode.
Prices escalate or inflate.
Milhouse
“Inflate” = “blow up”.
a ha!
So when this flu will cease the price for eggs will go down? NEVER! how come nothing ever goes down? this flu is just an excuse…
Milhouse
Garbage. Things go down all the time. You’re simply not telling the truth.
replying...
The truth really is milhouse ahavas yisrael is needed here. thank you!
a ha!
To milhouse: since the day i was born not one grocery(were talking about eggs, right?) item EVER went down and if it didnt stay the same price it tripled if not more….
Milhouse
a ha!, you are simply not telling the truth.
Milhouse
Here is proof that you are lying: a chart of the retail price of eggs for the past 32 years. As everyone can see, and as you knew very well when you told your lie, it goes up and down all the time.
Milhouse
Here are more stats on the fluctuations in the retail price of eggs over the past 10 years. Once again, it’s up and down all the time.
The Yoke-ster
After the outbreak of avian flu, no wonder that there is a Shidduch crisis! Not enough of chicks!