Year after inauguration, consumer staples have mixed results

(The Center Square) – One year since Inauguration Day, consumer prices in the capital city of North Carolina are down for milk and beef, up for eggs and a tick higher for bread, according to TCS analysis of a nationally recognized crowd-sourced database.

Consumer prices and inflation were key points of campaign stops in the Tarheel State by Donald Trump. The Republican earned his second term by not only winning the state for a third consecutive election, but sweeping the seven battleground states 93-0 in electoral college votes.

Milk is down 9 cents since Jan. 20 of last year and dropped 15 cents in the last two weeks. Last Wednesday, Trump signed the Whole Milk for Healthy Kids Act, reintroducing full-fat dairy as part of a healthy dietary pattern, said the U.S. Department of Agriculture.

A pound of beef round is 20 cents less than a year ago. Eggs, at $4.06 a year ago, today are $4.53 for a regular dozen large. Bread, a 1-pound fresh loaf of white, is $3.65, 4 cents higher than a year ago.

The figures are from Numbeo, a crowd-sourced database with costs of living and other factors for cities and countries globally. Throughout the last 12 months, TCS has regularly checked the site for Raleigh and national norms.

- Advertisement -

Lows in Raleigh were $3.26 for milk in early August, $3.98 for eggs a month after inauguration, $7.50 for beef multiple times, and $3.61 for bread when Trump was sworn in. Highs were $3.56 for milk in the last two months, $4.83 for eggs on Labor Day weekend, $8.04 for beef in March and $4.03 for bread to begin December.

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

• Milk (regular, 1 gallon): $3.41, on a range of $1.82 to $5.98. The national average is $4.01, on a range of $2.42 to $7.57.

• Eggs (regular, large, dozen): $4.53, on a range of $2 to $6.50. The national average is $4.41, on a range of $2 to $7.71.

• Beef round (1 pound, equivalent back leg red meat): $7.50, on a range of $4.99 to $9. The national average is $7.55, on a range of $4.50 to $12.

- Advertisement -

• Bread (loaf, fresh white, 1 pound): $3.65, on a range of $1.99 to $5. The national average is $3.31, on a range of $1.81 to $6.04.

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

Inflation was as low as 2.3% for April 2025. In June 2022, it was 9.1%.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Early Democratic bills draw scrutiny over affordability

(The Center Square) – With Democrats now controlling Virginia...

Mamdani revives housing plan for ex-convicts

(The Center Square) — New York City Mayor Zohran...

Colorado attorney general talks Trump battles after one year

(The Center Square) – President Donald Trump has been...

Trump likely to make waves at biggest-ever World Economic Forum

The largest-ever World Economic Forum braces to receive the...

Federal appeals court urged to reel in fishing monitor rules

(The Center Square) — A conservative legal group is...

Las Vegas tourism industry continues to decline

(The Center Square) - Nevada’s tourism numbers took a...

Climate Commitment Act costs to be itemized on Puget Sound Energy bills

(The Center Square) – The Washington Utilities and Transportation...

More like this
Related

Early Democratic bills draw scrutiny over affordability

(The Center Square) – With Democrats now controlling Virginia...

Mamdani revives housing plan for ex-convicts

(The Center Square) — New York City Mayor Zohran...

Colorado attorney general talks Trump battles after one year

(The Center Square) – President Donald Trump has been...