Egg prices spike, other food costs rise in newly released consumer data

Economists are concerned that January's inflation report is not just *** blip, as it is unknown how the Trump administration's tariffs and deportations could impact the economy. Inflation igniting, egg prices leading the way in January, partially due to rampant bird flu, with gas, groceries, and used cars also showing large price increases. This is *** setback for consumers. It's *** setback for central bankers. It's *** setback for the economy. Soaring costs helped propel President Donald Trump back to the White House, starting on. Day one we will drive down prices. But now in office, the president is pointing *** finger at his predecessor, posting Biden inflation up. Welcome to the age of Trumpflation. While Washington debates blame, the White House says it's moving full steam ahead with its economic strategy, including reciprocal tariffs to be announced in the next 24 hours. Far too many nations around this. have been ripping off the United States of America for far too long, and that's why the president believes this will be *** great policy that will benefit American workers and improve our national security. And Main Street is now bracing for impact as small businesses we're getting squeezed from every direction. Some small business owners say in anticipation of tariffs, they have little choice but to raise prices, potentially fueling the inflationary fire. We have to, you know, to keep the doors open, to keep the customers happy. And that's our livelihoods and Federal Reserve Chairman Jerome Powell said in light of recent inflation data, the central bank is not in *** rush to lower interest rates in Washington, Christopher Seas.

The cost of food rose in January by 0.4%, with eggs seeing the biggest price hike they've seen in nearly 10 years, according to new data released by the Consumer Price Index. Each month, the U.S. Bureau of Labor and Statistics releases a report which measures the change in prices paid by consumers for goods and services called the Consumer Price Index. Inflation accelerated in January, rising 3% on an annual basis, for the first time since June 2024. Inflation also worsened month over month, with prices jumping 0.5% in January from December, the largest increase since August 2023. The Hearst Television Data Team analyzed the new data and found that most food items saw increases.The price of a dozen eggs saw the biggest spike in January as it rose 15% to $4.95.This was the largest increase the eggs index has seen since June 2015, and accounted for about two thirds of the total monthly increase for food at home. A bird flu outbreak is fueling that price increase.Other food items that also rose in January were frozen noncarbonated juices and drinks, instant coffee, bacon and margarine. Not all food items saw increases in the data. Bread was 1% less expensive and the price of tomatoes declined 2%. Check your grocery item in our inflation table to see how much prices went up or down.PHNjcmlwdCB0eXBlPSJ0ZXh0L2phdmFzY3JpcHQiPiFmdW5jdGlvbigpeyJ1c2Ugc3RyaWN0Ijt3aW5kb3cuYWRkRXZlbnRMaXN0ZW5lcigibWVzc2FnZSIsKGZ1bmN0aW9uKGUpe2lmKHZvaWQgMCE9PWUuZGF0YVsiZGF0YXdyYXBwZXItaGVpZ2h0Il0pe3ZhciB0PWRvY3VtZW50LnF1ZXJ5U2VsZWN0b3JBbGwoImlmcmFtZSIpO2Zvcih2YXIgYSBpbiBlLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdKWZvcih2YXIgcj0wO3I8dC5sZW5ndGg7cisrKXtpZih0W3JdLmNvbnRlbnRXaW5kb3c9PT1lLnNvdXJjZSl0W3JdLnN0eWxlLmhlaWdodD1lLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdW2FdKyJweCJ9fX0pKX0oKTs8L3NjcmlwdD4=

NEW YORK —

The cost of food rose in January by 0.4%, with eggs seeing the biggest price hike they've seen in nearly 10 years, according to new data released by the Consumer Price Index.

Each month, the U.S. Bureau of Labor and Statistics releases a report which measures the change in prices paid by consumers for goods and services called the Consumer Price Index. Inflation accelerated in January, rising 3% on an annual basis, for the first time since June 2024. Inflation also worsened month over month, with prices jumping 0.5% in January from December, the largest increase since August 2023.

The Hearst Television Data Team analyzed the new data and found that most food items saw increases.

The price of a dozen eggs saw the biggest spike in January as it rose 15% to $4.95.
This was the largest increase the eggs index has seen since June 2015, and accounted for about two thirds of the total monthly increase for food at home. A bird flu outbreak is fueling that price increase.

Other food items that also rose in January were frozen noncarbonated juices and drinks, instant coffee, bacon and margarine.

Not all food items saw increases in the data. Bread was 1% less expensive and the price of tomatoes declined 2%.

Check your grocery item in our inflation table to see how much prices went up or down.

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