Egg prices shot up 15% in January as retailers limit customer purchases
CBSN
Egg prices continue to soar — if shoppers can even find them in grocery stores.
In January alone, the cost of eggs around the U.S. jumped more than 15% from a year ago, five times the overall U.S. inflation rate of 3%, Consumer Price Index data showed on Wednesday. In 2019, consumers could pick up a dozen eggs for around $1.54, but by last year the price had soared to $4.15 — a 170% increase, according to CBS News' price tracker of everyday goods.
The spike in egg prices last month underscores the devastating impact of avian flu, which killed more than 40 million egg-laying birds last year. Including ducks and chickens, 148 million birds have been ordered euthanized since the current strain of bird flu, H5N1, began spreading around the U.S. in 2022.
