area District Of Columbia Washington, area District Of Columbia outbreak Department reports Matthews area District Of Columbia Washington, area District Of Columbia

Egg prices are finally dropping after record highs

Reading now: 984
www.fox29.com

FILE-A worker stocks eggs on a shelf at a grocery store in 2023. ( Matthew Hatcher/Bloomberg via Getty Images) Grocery costs are still high at stores, but one sought-after item on shelves is now more affordable offering solace to consumers.A June report released Monday by the U.S.

Department of Agriculture shows egg prices dipped to an average price between a $1 and $1.40 in parts of the country. Federal data cited by Business Insider reveals that egg prices fell every month since the start of 2023 when the average price spiked to almost $5 for a dozen eggs which is more than double the average price of $1.92 recorded in January 2022.RELATED: Egg prices should be going down soon, report findsOver the past year, egg prices surged for several reasons, including growth in production-related costs and the worst bird flu outbreak in U.S.

history. RELATED: Here's why eggs prices are so highWith the cost and demand for eggs at a high rate, some people decided to buy their chickens to save money at the grocery store before egg prices finally started to dip, the Business Insider noted.

And this change was evident in recent data from the Bureau of Labor Statistics’ Consumer Price Index that reported the cost of eggs was $3.27 in April.

Read more on fox29.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Walter Smith - Vehicle thefts are up in Philly and criminals are picking on 2 specific car brands: police - fox29.com - city Philadelphia
fox29.com
55%
975
Vehicle thefts are up in Philly and criminals are picking on 2 specific car brands: police
PHILADELPHIA - Vehicle thefts in Philadelphia have nearly doubled from this point last year and criminals are targeting two specific car brands, according to the latest data from police. The Philadelphia Police Department said there have been more than 9,000 vehicle thefts so far this year and half of those have involved Kias and Hyundais. "Obviously this is a major concern for us, the stolen cars out there lead to a lot of things, some are just joyriding others are used in crimes," Chief Walter Smith said.To prevent the growing trend, 21 districts from around Philadelphia came together Wednesday to hand out vehicle locks to Kia and Hyundai owners. MORE LOCAL HEADLINESPolice also reached out to victims of vehicle thefts to let them know about the giveaway. The device - commonly called ‘The Club’ - goes onto the steering wheel and is locked with a key. Authorities say the lock makes the car impossible for criminals to drive, and they hope it's visual presence is enough to prevent car thefts from happening."We found that people are multiple-time victims of this unfortunately," Captain Marques Newsome from the Philadelphia Police Department's 15th District said. Data from the department obtained by FOX 29's Kelly Rule shows that there have been over 5,600 Kias and Hyundais stolen in Philadelphia this year, up from just 337 at this time in 2022.In an effort to combat car thefts, Philadelphia police are giving away wheel lock to residents with Hyundais and Kias.In a month-by-month breakdown, May saw the highest number of cars stolen so far this year.
DMCA