Egg Prices Soar Over 70 Percent as Inflation Report Shocks in Some Food Categories

Egg Prices Soar Over 70 Percent as Inflation Report Shocks in Some Food Categories
Eggs are seen at a grocery store in Washington, on Jan. 19, 2023. Stefani Reynolds/AFP via Getty Images
Tom Ozimek
Updated:
0:00

The latest government inflation data showed that price pressures remained shockingly high in certain categories, with egg prices up over 70 percent in annualized terms while many food categories were up by double digits.

While the overall pace of annual inflation in the United States came in at 6.4 percent in January, according to the Bureau of Labor Statistics (BLS), the rate of inflation in some categories—especially food—was stubbornly high.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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