| ▲ | thewebguyd a day ago | |
For the eggs I buy, they are currently $7.99/dozen. Cheapest in my store is $5.99/dozen. That doesn't disprove my point though. Prices are still higher as a baseline than before the supply side shock. Prices raise to a "new normal" and consumers adapt, removing pressure to lower back down to pre-shock levels. wholesale egg prices have actually plummeted, yet retail prices have only drifted slowly downward incrementally, and have not reached the previous baseline. Its asymmetric price transmission, and its a documented economic phenomenon. "Prices go up like rockets, and fall like feathers" | ||
| ▲ | ssl-3 a day ago | parent | next [-] | |
Some data suggests that eggs averaged $2.19 per dozen, at retail, in May of 2026: https://fred.stlouisfed.org/series/APU0000708111 Looking at the chart, it seems to be the case that every sharp increase in price has been followed by a sharp decrease in price. Just for fun, here's the same chart adjusted for inflation: https://fred.stlouisfed.org/graph/?g=1WXWZ | ||
| ▲ | eudamoniac a day ago | parent | prev [-] | |
Eggs in USA literally hit a ten year low a few months ago. I don't know where you live, probably SF or something, but a dozen eggs here is under 3 dollars. | ||