Egg prices rise due to ongoing avian flu outbreak
The cost of eggs, a kitchen essential, has risen again, putting this staple food in the spotlight as consumers and analysts alike express concern about inflation and absolute price levels. Egg prices saw their third consecutive month of year-over-year increases in July, in sharp contrast to the previous year's declining price trends. The primary reason for this upward movement is the continued prevalence of Highly Pathogenic Avian Influenza (HPAI), commonly known as bird flu. According to the latest Consumer Price Index (CPI) data, egg prices jumped 19.1% in July compared to the same month last year. This increase contrasts sharply…
