🥚🍳Egg price has skyrocketed in Taiwan.
Egg prices in the United States are up 70.1% year-over-year, though the cost is rising at a slower rate than last month, up 8.5% month-over-month from December to January.
150%
Nestlé, the world’s largest food group, says the price of staple items will rise further this year.
The maker of Nescafé and KitKat increased prices by 8.2% in 2022, but said this was not enough to offset a rise in its own costs, which had dented its profits.
The maker of Nescafé and KitKat increased prices by 8.2% in 2022, but said this was not enough to offset a rise in its own costs, which had dented its profits.
Unilever said price increases caused sales volumes to decline by 2.1% in 2022. Likewise, Nestlé reported a drop in sales volumes in the second half of last year and said it was partly driven by pricing.
The price of a dozen eggs in the US exceeded the cost of a pound of ground beef.
A global bird flu and high production costs have pushed the price of a carton of 12 eggs to a record $4.82 in January. Meanwhile the price of a pound of ground chuck has fallen to $4.64.
A global bird flu and high production costs have pushed the price of a carton of 12 eggs to a record $4.82 in January. Meanwhile the price of a pound of ground chuck has fallen to $4.64.
America's egg producers
Loading suggestions...