Eggs Are Finally Getting Cheaper—Here's What You'll Pay at Checkout

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In the past year, "egg-flation" has driven up supermarket expenditures for Americans.

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A devastating bird flu outbreak, supply chain issues, and high production costs have caused nationwide egg shortages and

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skyrocketing egg prices. Early this year, U.S. Customs and Border Protection observed a rise in illegal egg smuggling due to consumer demand for cheap eggs.

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In this week's Consumer Price Index (CPI), the U.S. Bureau of Labor Statistics reported that egg prices fell 6.7% from January to February

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after "sharp increases in recent months." The 6.7% February fall followed an 8.5% December-January increase and an 11.1% November-December gain.

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This price drop could help buyers who have had to pay more for a carton of eggs in recent months or stop buying them. Easter is just weeks away

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Despite February's lower egg prices, buyers aren't out of the woods. CPI data shows egg prices up 55.4% from last year.

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This is better than the previous inflation data, which showed egg costs up 70.1% since January 2022. After months of growth, prices have far to fall.

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Egg prices vary by location and store. An average dozen eggs cost $4.21 last month, up from $2 in February 2022, according to the Federal Reserve Bank of St. Louis' CPI research.

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