Your grocery bill might soon be a little lower, thanks to the price of eggs finally beating inflation. CNBC reports, “Prices fell to $2.61 per dozen eggs on Monday — a 52% decrease from the peak of around $5.43 on Dec. 19 and a 47% decrease from the beginning of 2023, according to Urner Barry, a market research firm that specializes in the wholesale food industry. Its Midwest Large White Egg price benchmark is a widely cited barometer in the egg industry.
The business channel continued, “In a year characterized by historically high inflation, egg prices were a standout in 2022, rising faster than almost all other consumer items.
Average retail prices increased nearly 60% in 2022, according to the consumer price index.”
The price of eggs followed 2022’s deadly outbreak of bird flu, one of the worst in history, which killed millions of birds and significantly disrupted egg supply chains and was “contagious and lethal, affects many types of birds, including egg-laying hens.”
Inflation at the grocery store has crushed Americans over the past two years. Marketwatchwrote, “General inflation is easing, but the prices of some food items are not going down anytime soon. And the reasons are largely out of the Federal Reserve’s control.
In December, the rate of inflation fell to an annual rate of 6.5% from the 7.1% rate recorded in November, according to government data. But the annual food-price inflation rate was 10.4% in December, significantly higher than the overall inflation rate even as it represented a slower rate of increase than in November, when food prices were 12% higher than in November 2021.
Inflation — running at nearly 40-year highs over the past year — has put the squeeze on Americans’ wallets. Through a series of jumbo rate hikes, the Federal Reserve has sought to tamp down inflation. Its target interest rate was lifted from a negligible level to a range of 4.25% to 4.50% by the end of 2022.”
The dramatic price drop of eggs will help Americans recover quicker from this year’s flu and COVID-19 season. “Eggs can also help overcome cold and flu infections. Protein helps in rebuilding and recovery of muscles. Sometimes, people may have muscle pain during the Covid-19 infection. So, eat eggs as per the doctor’s advice,” Deeksha Arora, a dietitian at Apollo Spectra Delhi told HealthShots
The website explained how this superfood could help you recover better.
1. Eggs help to boost immunity
One needs to consume adequate protein to support the immune response, and there’s nothing better than eggs. Are you aware? Eggs have nutrients like vitamin D, zinc, selenium, and vitamin E that the body needs to strengthen the immune system. Thus, you will be able to stay strong and healthy during the pandemic, and can also deal with oxidative damage. You will also be able to manage any hormonal imbalance and regulate blood sugar levels.
Eggs are really good for the brain. Did you know? Boiled eggs contain choline that is vital for one’s nervous system. This can also help in a situation where people are suffering from brain fog. “Also, if you are trying to recover from Covid, this disease can take a toll on one’s brain and heart, as well as eyes, apart from lungs,” says Ms Arora.
3. Eating eggs also reduces the risk of heart disease
It is a known fact that Covid can impact one’s heart. So eating an egg that contains Folate, unsaturated fatty acids, and vitamin E is beneficial for the heart. Thus, an egg is loaded with heart-friendly nutrients and should find an important space in the menu.