Bread prices back to November level

(The Center Square) – Bread is down 38 cents a loaf from a month ago in the capital city of North Carolina.

Milk, eggs and a pound of beef round all remained the same among the traditional staples of the family budget for consumers. At $3.65, a loaf of white bread is back to where it was at the first of November.

On average in Raleigh, a regular dozen eggs are $4.57, a gallon of regular milk is $3.56, and a pound of beef round is $7.56. The figures are from Numbeo, a crowd-sourced database with costs of living and other factors for cities and countries globally.

For context, across the country just as in Raleigh, different areas could be experiencing fluctuations and not across the board increases or decreases.

Compared to Inauguration Day on average in Raleigh, bread (4 cents) and eggs (51 cents) are more nearly a year later. Milk (6 cents) and beef (14 cents) are less.

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Consumer prices have been a focus of the Trump administration. There have been tariff battles and new trade agreements, all part of the president’s desire to fulfill campaign promises on the economy.

Here’s a look at some measures of consumer prices for Raleigh and the nation:

• Milk (regular, 1 gallon): $3.56, on a range of $2.50 to $5.98. The national average is $4.01, on a range of $2.42 to $7.57.

• Eggs (regular, large, dozen): $4.57, on a range of $2.29 to $6.50. The national average is $4.42, on a range of $2 to $7.85.

• Beef round (1 pound, equivalent back leg red meat): $7.56, on a range of $4.99 to $9. The national average is $7.54, on a range of $4.50 to $12.

• Bread (load, fresh white, 1 pound): $3.65, on a range of $1.99 to $5. The national average is $3.32, on a range of $1.81 to $6.04.

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The latest rate of inflation released in December for November is 2.7%, better than last January (3%) and same as November a year earlier. The next release is Jan. 13 for the December period.

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