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From the commentary: Bear in mind that cost pressures on eggs include Russia's war on Ukraine and the drought across much of the U.S. They and the avian flu all continue but the price for eggs has nonetheless started coming down.
When I worked on Reuters’ business desk, we weren’t allowed to parrot press releases reporting that earnings soared 100% from the year before. Why? Because here’s the reality behind some
The price of eggs has already started to moderate as their stiffer cost has softened demand.
Now, news on the tab for common consumer staples like eggs, gasoline and Thanksgiving turkeys draws attention and allows the creation of easy-to-make visuals. But so many of the headlines on the cost of eggs bang on the percentage rise in price while not mentioning the actual price.
When I worked on Reuters' business desk, we weren't allowed to parrot press releases reporting that earnings soared 100% from the year before. Why? Because here's the reality behind some such claims: ...