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.
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.
It’s not inflation, it’s bird flu reducing supply.
It’s a combination of greedflation and bird flu. It’s amazing we still don’t have an RNA vaccine for livestock yet.
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…
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
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.
Yes, it counts toward inflation. The price is not caused by inflation. At least not significantly.
Yeah, but mostly it’s something to yell about on tv and ‘news’ radio to distract us from what’s really going on.