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The average price for a dozen large eggs in California hovered around $6.72 as of this week, according to data from the U.S. Department of Agriculture. The cause?
The egg section at a grocery in Redondo Beach. The average retail price for a dozen large eggs jumped to $7.37 in California this week, up from $4.83 at the beginning of December and $2.35 at this ...
Its benchmark overnight interest rate is now in the 4.50%-4.75% range, having been hiked by 5.25 percentage points between March 2022 and July 2023 to tame inflation.
Generally, the Central Valley in Northern California is the least expensive area, as is the Inland Empire in Southern California, though prices in these regions are still much more expensive than most other areas of the country, to the point that there are also communities in these areas where housing prices average around the $1 million mark.
The difference in housing costs from city to city is especially important. The Bureau of Economic Analysis has calculated that the regional price parity in 2019 of the 50 largest MSAs ranges from 88.3 in Birmingham , Alabama (which has the lowest cost of living of the 50 most populous MSAs) to 126.7 in San Jose , California (the highest cost of ...
In 2023, once bird flu died down, egg prices dropped, and so did the company's stock, Sharma said. A similar scenario might play out in 2025. "If you didn't get in already, you missed the train.
California (effective 2015, a part of Proposition 2) Colorado (since 2012) [41] Kentucky (passed in 2014, the Kentucky Livestock Care Standards Commission issued a decision to begin a phase-out period of four years and that by 2018 veal crates will be eliminated from Kentucky farms) [42] Maine (since 2011) [43] Michigan (effective 2013) [44]
Egg prices, which are historically volatile, contributed to the stubborn grocery inflation. The item saw a 30.4% year-over-year increase but a 6.4% decline month over month, the largest since April.