Eggs are finally getting cheaper at the supermarket, according to the latest consumer price index released on Tuesday.
Egg prices fell nearly 7 percent in February from the month before. This is the first decline in months.
The cost of eggs is still up 55 percent from a year ago, as avian flu, supply chain snags, and egg producers' lining their own pockets pushed up prices.
Federal data tracked by the Federal Reserve Bank of St. Louis showed that a dozen large Grade A eggs cost $4.21 in February, which is down 13 percent from a record high in January.
The consumer price index overall increased 0.4 percent in February, a slight deceleration from the month before. Year-over-year inflation, meanwhile, was 6 percent.
Hoyt McGarity, CEO & President of 8AM Golf, joins Cheddar to discuss TGL and how the technology is changing the game of golf right before our eyes. Watch!
Amy Farley, Executive Editor at Fast Company, joins Cheddar to reveal how the Top 50 companies were chosen for a coveted spot on the list of Most Innovative.
Chris Versace, CIO at Tematica, discusses the fed decision, the current state of the market and how news in the coming days will tell us even more. Watch!
Olipop CEO, Ben Goodwin, joins Cheddar to discuss its recent $50M funding round and why other prebiotic soda company's successes is good for business. Watch!
The Knot Worldwide CEO Raina Moskowitz joins Cheddar to reveal the top wedding trends for 2025 and why some newlyweds-to-be want their big day to be phone free!
Shark Tank star Barbara Corcoran reveals how she is handling all of this recession news, the best time to buy a home and what she looks for when hiring. Watch!