Consumer staples trending lower in capital city market

(The Center Square) – Milk, bread and eggs are all lower prices from a month ago in the capital city of North Carolina.

Beef, however, has surged up 12 cents.

On average in Raleigh, a gallon of regular milk is $3.37, down 19 cents from a month ago; eggs are $4.50 for a dozen large size, down 7 cents; and a loaf of fresh white bread is $3.54, down 11 cents. 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, milk (13 cents), bread (7 cents) and beef (2 cents) are less. Eggs (44 cents) remain up.

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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. TCS monitors consumer staples as part of its mission in government accountability.

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

• Milk (regular, 1 gallon): $3.37, on a range of $2.54 to $7.65. The national average is $4.01, on a range of $2.54 to $7.65.

• Eggs (regular, large, dozen): $4.50, on a range of $1.99 to $6.50. The national average is $4.41, on a range of $2 to $7.42.

• Beef round (1 pound, equivalent back leg red meat): $7.68, on a range of $6 to $8.49. The national average is $7.56, on a range of $4.50 to $12.

• Bread (load, fresh white, 1 pound): $3.54, on a range of $1.99 to $5. The national average is $3.31, on a range of $1.81 to $6.13.

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The latest rate of inflation released in January for December is 2.6%, better than last January (3%) and December (2.9%) a year earlier. The next release is Feb. 11 for the January period.

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