The consumer price index indicated that prices rose by 3 percent in January compared to a year earlier, according to data released Wednesday from the Labor Department.
But Americans were still feeling sticker shock for some key grocery staples in January, when the price of a dozen eggs soared by 13.8 percent and averaged $4.95 across the country—a price tag that’s still up by 53 percent from last year, according to The New York Times. Egg prices are only expected to increase amid a widening outbreak of avian flu, which has temporarily shuttered New York City’s poultry markets and skyrocketed the cost of a standard dozen eggs to more than $12 in Key Foods and C-Town, amid a nationwide egg shortage.
On the campaign trail, Trump repeatedly pledged to lower costs for American consumers on “day one.” But three weeks into his second administration, Trump has repeatedly avoided answering the hard questions on exactly how he’s going to provide relief for American’s wallets.
But Trump quickly changed the topic, instead lumping the responsibility of rising inflation onto other countries.
Last week, White House press secretary Karoline Leavitt told reporters that the Trump administration doesn’t “have a timeline” for alleviating the nation’s critically high cost of living.
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