Egg Prices Drop 11% to Lowest Since December on Weak Demand

US May Core Inflation Rises Less Than Forecast at 0.1%

Consumers last month paid the least for eggs since December, dropping 11% from the prior month, on lackluster demand after bird flu outbreaks sent prices surging to records.

The price on average for a dozen grade A large eggs was $4.548 on average, falling for a second straight month, the US Bureau of Labor Statistics said Wednesday. Retail egg prices have tumbled about 27% from a March record, though prices are still almost double year-ago levels.