Egg, bread prices decrease; milk, beef are up

(The Center Square) – Egg and bread prices are down, milk and beef are up on average from a month ago in the capital city of North Carolina.

Average prices on household staples have neither surged or dropped significantly amid the worries with economic influences such as tariffs or wars in the Middle East and along the border of Russia. Second-term Republican President Donald Trump, in a network interview airing Sunday evening, said grocery prices have not gone up and there has not been an increase in the cost of living.

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

On average in Raleigh, a regular dozen eggs are $4.57, a gallon of regular milk is $3.56, a loaf of fresh white bread is $3.65, and a pound of beef round is $7.66. The figures are from Numbeo, a crowd-sourced database with costs of living and other factors for cities and countries globally.

Compared to Inauguration Day, on average in Raleigh beef (4 cents) is less and bread (4 cents), milk (6 cents) and eggs (51 cents) are more.

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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.

Monday marked Day 288 of Trump’s second term. Deals, negotiations and litigations remain fluid, not all having not settled into place.

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 $2.49 to $5.98. The national average is $4.01, on a range of $2.80 to $7.80.

• Eggs (regular, dozen): $4.57, on a range of $2.29 to $6.50. The national average is $4.41, on a range of $2 to $7.52.

• Beef round (1 pound, equivalent back leg red meat): $7.66, on a range of $4.99 to $9. The national average is $7.50, on a range of $4.50 to $12.

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• 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 $5.99.

The latest rate of inflation released in October for September is 3%, same as in January and up from 2.4% in the same month a year ago. The release of October’s percentage is next week on Thursday.

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