Consumers paid nearly 18 percent less for a dozen eggs in April compared to the previous year, providing relief in grocery expenses. Egg prices fell to $5.12 from a record high of $6.23, with a broader index showing a 12.7 percent decline. Despite Easter falling in the month, prices decreased significantly.
Key Points
Consumers paid nearly 18 percent less for a dozen eggs in April compared to the previous year
Price of a dozen eggs fell to $5.12 from a record high $6.23
Broader index of egg prices fell 12.7 percent, largest monthly decline since 1984
Pros
Consumers benefit from lower egg prices, providing relief in grocery expenses
Broader index of egg prices fell 12.7 percent, largest decline since 1984
Cons
Escalating egg prices were a major concern for voters over inflation in past political campaigns