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US egg prices break record high for third consecutive month even as inflation drops

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The 12-month inflation rate at 2.4%, down from 2.8% in February, was largely fueled by a sharp fall in gas prices

The price of eggs continues to soar for American consumers, rising by almost 6% in March even as overall inflation fell slightly.

Breaking a record high for the third consecutive month, the average cost of a dozen large eggs hit $6.23 in March – more than double the price just 12-months earlier, according to new figures released by the Bureau of Labor Statistics on Thursday. This surpassed the previous record highs of $5.90 a dozen in February, and $4.95 in January.

Continue reading…The 12-month inflation rate at 2.4%, down from 2.8% in February, was largely fueled by a sharp fall in gas pricesThe price of eggs continues to soar for American consumers, rising by almost 6% in March even as overall inflation fell slightly.Breaking a record high for the third consecutive month, the average cost of a dozen large eggs hit $6.23 in March – more than double the price just 12-months earlier, according to new figures released by the Bureau of Labor Statistics on Thursday. This surpassed the previous record highs of $5.90 a dozen in February, and $4.95 in January. Continue reading…