"Easter Egg Economics: High Prices and Political Criticism Amid Festivities"

1 min read
Source: Fox Business
"Easter Egg Economics: High Prices and Political Criticism Amid Festivities"
Photo: Fox Business
TL;DR Summary

The price of Easter essentials like eggs and chocolate remains high due to inflation and supply chain issues. The average price for a dozen grade A eggs in the US is around $2.99, more than double the cost in January 2021. Despite recent drops, egg prices are still elevated. Chocolate prices have also surged due to a spike in cocoa prices. Americans are expected to spend less on Easter this year, with the NRF predicting a $1.5 billion drop in consumer spending compared to last year. Inflation and supply chain issues continue to impact grocery prices, with little expectation for prices to return to pre-pandemic levels.

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