Egg Prices Fell Nearly 7 Percent in February

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. 

More In Business

Video Game Performers Will Strike Over AI concerns

Hollywood’s video game performers are going on strike, throwing part of the entertainment industry into another work stoppage.

Widespread Gains Send Wall Street Higher To Close a Shaky week

U.S. stocks climbed Friday to close out a bumpy week dominated by sharp, market-cleaving swings.

Tech Stocks’ Terrible, Horrible, No Good, Very Bad Week

Pretty much all the tech stocks driving the market were looking shaky—and they weren't the only ones.

Small Stocks Are About to Take over? Wall Street Is Unconvinced...

Some of the smallest stocks on Wall Street have shown much more life recently. but professional investors still aren’t convinced.

Global Shares Tumble after Big Tech’s Wipeout on Wall Street

Global shares have dropped as pessimism set in over Wall Street's nose-dive related to Big Tech's pullback.

Domino's Q2: Strong Growth Amidst Inflation and Future Challenges

Domino’s Pizza reported a 7.1% revenue rise to $1.1B amid value meal competition and inflation. Q3 may slow, with caution on growth and consumer spending.

Load More