Posted 3/21/2024, 9:34:56 AM
Breakfast Staples Like Eggs and Coffee Come at a Steep Price Due to Inflation
- Food prices, especially breakfast items like eggs, bacon, and coffee, are significantly higher than 5 years ago due to inflation
- Eggs reached a 20-year high price of $4.82 per dozen in January 2023
- Milk, oranges, and white bread have also increased notably in cost over the past 5 years
- Bananas and flour have increased slightly in price since 2019
- The overall inflation rate peaked at 9.1% in June 2022 but has since fallen, though still remains high at 3.2% in February 2024