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Consumer staples stable in capital city market

(The Center Square) – Consumer grocery staples in North Carolina’s capital city are stable in comparison to one month ago.

On average in Raleigh, a gallon of regular milk is $3.33; a dozen large size eggs are $4.43, down about 13 cents; a pound of beef round is $7.68; and a loaf of fresh white bread is $3.61. Milk, beef and bread prices match the first day of April, according 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 (17 cents) and beef (2 cents) are less, bread is the same, and eggs (37 cents) remain up.

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. The Center Square monitors consumer staples as part of its mission in government accountability.

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

• Milk (regular, 1 gallon): $3.33, on a range of $1.82 to $5.49. The national average is $4.01, on a range of $2.73 to $7.84.

• Eggs (regular, large, dozen): $4.43, on a range of $1.99 to $6.50. The national average is $4.35, on a range of $1.99 to $7.95.

• Beef round (1 pound, equivalent back leg red meat): $7.68, on a range of $6 to $9. The national average is $7.66, on a range of $4.59 to $12.

• Bread (load, fresh white, 1 pound): $3.61, on a range of $1.99 to $5. The national average is $3.30, on a range of $1.81 to $6.37.

The latest rate of inflation released in April for March is 3.3%, a jump of 0.9% from the previous month as well as the same month a year earlier. The next release is May 12 for the April period.

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