Egg prices up 59.9%, butter up 31.4% since last year: report - CBS News

Egg prices person soared 60% successful a year. Customers question alternatives.

Egg prices person soared 60% successful a year. Customers question alternatives. 02:05

ASHLAND, N.J. (CBS) -- There's bully quality and atrocious quality erstwhile it comes to your wallet. As immoderate inflation-hiked items costs person started to fall, eggs are 1 point wherever prices person remained high.

Data from the Labor Department shows that eggs person seen the biggest monthly and yearly terms hike of immoderate different market item. That has immoderate shoppers are skipping the store and heading to the farm.

We request to speech astir however the terms of eggs is up 59.9% from a twelvemonth agone and 11.1% successful December alone. Price of food is up 31.4% too

— Sarah Ewall-Wice (@EwallWice) January 12, 2023

At the family-owned and operated Arnie's Gourmet successful Ashland, New Jersey, eggs are a staple.

"We spell done 2,000 meatballs a week. They usage a batch of eggs," manager Mark Madrigale said. "We marque homemade quiche, ovum salad. A batch of our acold salads incorporate eggs. So, determination are a batch of eggs successful our stuff, and we tin spot however that's affecting our bottommost enactment a small bit."

It's not lone their bottommost enactment that's being impacted. Shoppers similar Colleen Hadden are besides feeling it. 

"Overall, our market measure is going up a bit," Hadden said.

The U.S. Bureau of Labor Statistics says eggs are astir 60% much costly than past year. 

"Overall, they decidedly person accrued a lot," Hadden said, "and I person 3 boys and they emotion their afloat meal connected the weekends of scrambled eggs and everything truthful I mightiness beryllium making different options for meal now."

On average, Arnie's buys 1,000 oregon truthful eggs each week to support up with the request from shoppers, but they accidental they're trying their champion to not hike up their prices for their customers.

"They went up to $5.99 a mates years agone and they're approaching $6.99 and that's fundamentally what they outgo america to get the bully eggs in," Madrigale said. "We don't privation to rise our prices anymore from $6.99 for a twelve eggs."

"For an integrated dozen, I would accidental it's great," Valerie Pelerin said. "I would accidental this is astir what you're going to wage astatine immoderate of the different supermarkets today."

For immoderate similar Hadden, they're skipping retired connected the store-bought eggs altogether.

"My sister has chickens successful Morristown not excessively acold away," Hadden said. "So, it's ever bully to cognize idiosyncratic that you tin get immoderate caller eggs from too, particularly now."

It's conscionable 1 mode that shoppers are making it enactment with higher nutrient prices.

In:
• New Jersey
• Consumer Price Index
• Inflation