While price inflation has started to cool off in recent months, the price of eggs has gone through the roof. So what's going on?
- The average price of a dozen eggs is currently $4.25, and as much as $7 in some parts of the country. In fact, eggs alone account for nearly 90% of the increase in your grocery bill.
- There are several factors - starting with an outbreak of avian bird flu that wiped out millions of egg-laying hens across the U.S. last year. Higher costs of feed, fuel, and packaging are also factors.
- We're also eating more eggs these days - egg consumption in the U.S. has increased 17% over the last decade.