Essential Grocery Item Doubles In Price
Welcome to Biden’s America!
Remember when President Biden and the Democrats said that inflation was “transitory”? Well that was a blatant lie!
The most recent data from the consumer price index (CPI) has found that consumer egg prices have remained substantially higher compared to last year, despite experiencing a small decline in February.
According to Fox, Based on the data from the CPI, the price of eggs in February exhibited a year-over-year surge of 55% compared to the same period in the previous year. Despite this increase, the Labor Department notes that there was a monthly decline of 6.7% in the cost of eggs.
After a 55% increase should Biden’s Labor Department even be celebrating a 6.7% decline in prices? What a joke.
The reasons behind the elevated egg prices over the last 12 months can be attributed to multiple factors such as the escalation in costs caused by Biden associated with production and the prevalence of avian influenza.
As per the CPI data, the overall expense of food, whether consumed outside or at home, witnessed a rise of 0.4% in February, compared to the previous month. Additionally, there has been a surge of 9.5% in the cost of food since the same period in 2022.
As you already know, eggs are essential food item that practically all Americans depend on. President Biden and the Democrats have to do something.
