The price of fresh eggs plunged in June, the third time in the past four months in which prices have declined by around 20 percent or more.
The Department of Labor said the index for fresh eggs fell 19.8 percent compared with the previous month. Prices fell by 21.3 percent in March and 39.3 percent in April. In May, they inched up 1.4 percent.
Because of the extreme price increases that mostly occured during the Biden administration, egg prices are still up year-over-year, Wednesday’s producer price index report showed.
Since February, the price of eggs has fallen by 61.2 percent. By contrast, in the final months of Joe Biden’s presidency, the…
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