It depends what dates you're looking at, but energy (gas prices and more) and food (including eggs) are generally recognized as way more volatile than the rest of the CPI.
Eggs were actually quite stable for the 20 years prior to 2001, so maybe don't put your life savings into egg futures...
Egg prices: https://fred.stlouisfed.org/series/APU0000708111
CPI: https://fred.stlouisfed.org/series/CPIAUCSL
Core CPI (without food + energy prices): https://fred.stlouisfed.org/series/CPILFESL
That is very curious, yes. Eggs seem to just start to increase dramatically after 2000 and indeed outdo the CPI, disregarding the peaks and valleys of the different shocks to egg production like covid and the avian flu.
I read that the price includes free range, eco, etc varieties which are more expensive and in more demand nowadays, probably just that explains a good chunk of the price increase.
This is a good read if you haven’t seen it. Spoiler alert it’s private equity. Shocker I know.
https://www.thebignewsletter.com/p/hatching-a-conspiracy-a-b...
That is indeed a good read, I wasn't aware that there is now a Big Egg fixing egg prices.
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