this post was submitted on 02 Feb 2025
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I get that the point is inflation, but why eggs? If they went to $12/dozen, it would cost me like $4 extra dollars per week.

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[–] jordanlund@lemmy.world 9 points 1 day ago (4 children)

It's not inflation, it's bird flu reducing supply.

[–] Today@lemmy.world 2 points 6 hours ago

Yeah, but mostly it's something to yell about on tv and 'news' radio to distract us from what's really going on.

[–] reddig33@lemmy.world 8 points 1 day ago

It’s a combination of greedflation and bird flu. It’s amazing we still don’t have an RNA vaccine for livestock yet.

[–] Greee1911@lemmy.world 6 points 23 hours ago

It's almost like the president doesn't directly control the prices of things like gas and eggs. Looking at you "I did this" sticker gang...

[–] tal@lemmy.today 5 points 1 day ago* (last edited 1 day ago) (1 children)

You're right that it's principally bird flu, but it'll still count towards inflation. CPI -- what people are typically referring to when they say "inflation" -- has a basket of goods which I strongly suspect includes eggs. If the price goes up, that's inflation.

goes to check

Yeah.

https://www.bls.gov/news.release/cpi.t01.htm

Meats, poultry, fish, and eggs

Though that whole category, which is not egg-exclusive, only makes up 1.737% of the weighting for the basket. So it's not as significant as, say, the cost of housing in calculating inflation.

[–] Treczoks@lemmy.world 4 points 1 day ago

Yes, it counts toward inflation. The price is not caused by inflation. At least not significantly.