Egg Prices Crack: April Sees Largest Monthly Drop Since 1984

April saw a dramatic 12.7% decrease in egg prices – the biggest monthly drop in 40 years. While this brings some relief, eggs still cost 49.3% more than a year ago.

This decline helped overall food inflation fall 0.1%, its largest monthly drop in nearly five years. Most grocery categories showed price decreases while restaurant food prices continued to rise.

Experts note that increased egg imports and consumers avoiding eggs due to high prices contributed to the decline.

Despite the overall positive trend, beef prices remained steady and are expected to stay high due to supply constraints.