What's happened
Egg prices are soaring ahead of Easter and Passover due to supply issues related to the bird flu outbreak and weather-related demand. Prices increased 8.4% in February but are still 17% lower than a year ago. The national average for a dozen eggs is $4.38, down from $4.68 last year. Hawaii has the most expensive eggs at $7.05 per dozen.
Why it matters
The surge in egg prices ahead of Easter and Passover is impacting holiday celebrations, with consumers facing higher costs. Supply issues related to the bird flu outbreak and weather-related demand have fueled the inflation of egg prices, affecting consumers' budgets and holiday traditions.
What the papers say
Axios reports that egg prices have increased 8.4% in February, with supply issues and weather-related demand driving the surge. The Independent notes that global egg prices remain elevated due to disease, high demand, and growing costs for farmers. The article highlights the impact of avian flu outbreaks on egg prices in the United States and Europe.
How we got here
Egg prices have been impacted by supply issues related to the bird flu outbreak and weather-related demand. The ongoing bird flu outbreak has led to increased costs for farmers and reduced supply, contributing to the surge in egg prices. Additionally, high demand during the spring holidays of Easter and Passover has further driven up prices.
Common question
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Easter, also called Pascha or Resurrection Sunday, is a festival and holiday commemorating the resurrection of Jesus from the dead, described in the New Testament as having occurred on the third day after his burial following his crucifixion by the Romans