You’re right that it’s principally bird flu, but it’ll still count towards inflation. CPI – what people are typically referring to when they say “inflation” – has a basket of goods which I strongly suspect includes eggs. If the price goes up, that’s inflation.
Though that whole category, which is not egg-exclusive, only makes up 1.737% of the weighting for the basket. So it’s not as significant as, say, the cost of housing in calculating inflation.
You’re right that it’s principally bird flu, but it’ll still count towards inflation. CPI – what people are typically referring to when they say “inflation” – has a basket of goods which I strongly suspect includes eggs. If the price goes up, that’s inflation.
goes to check
Yeah.
https://www.bls.gov/news.release/cpi.t01.htm
Though that whole category, which is not egg-exclusive, only makes up 1.737% of the weighting for the basket. So it’s not as significant as, say, the cost of housing in calculating inflation.
Yes, it counts toward inflation. The price is not caused by inflation. At least not significantly.