Inflation Hits Four Year Low in April, Eggs Fell 12.7% From March
“Overall consumer prices increased 2.3% from a year earlier, down from 2.4% rise the previous month.”
Remember to take these reports with a grain of salt. Tariffs also just went into effect.
Overall consumer prices increased 2.3% from a year earlier, down from 2.4% rise the previous month, according to the Labor Department’s consumer price index, a measure of average changes in goods and services costs.
That’s the lowest annual increase since February 2021 but still leaves inflation moderately above the Federal Reserve’s 2% goal.
On a monthly basis, costs rose 0.2% after dipping 0.1% in March.
Prices for groceries, including eggs, used cars and airfares all fell sharply, while medical services and auto insurance and repairs continued to drift higher.
Again, I’m not going to get all fancy. The numbers speak for themselves.
Here are last month’s numbers: CPI Shows 12 Month Inflation Rate at 2.4%; Lowest Core in 4 Years
I copied and pasted the items from last month but updated the numbers. If you guys would like me to dig out any other items, let me know. I picked the ones that are the most pressing for us with families.
The numbers for March 2025 to April 2025 and April 2024 to April 2025:
- Energy decreased 3.7% overall in the past 12 months
- Food increased by over 2,8% in the past 12 months
- All items without food & energy increased 1.0% in the past 12 months
Food:
- Meats, poultry, fish, and eggs: -2.9% in a month, +7% in 12 months
- Meats (all): -0.2% in a month, +4.4% in 12 months
- Ground beef: 0.0% in a month, +10% in 12 months
- Fresh & frozen chicken parts: +0.3% in a month, +2.8% in 12 months
- Eggs: -12.7% in a month, +49.3% in 12 months
- Fruits & veggies: -0.2% in a month, -0.7% in 12 months
- Bananas: +1.2% in a month, 0.0% in 12 months
- Butter: +0.3% in a month, +1.5% in 12 months
- Flour: +0.1% in a month, +0.6% in 12 months
- Sugar: +0.6% in a month, +1.7% in 12 months
- Bread: +1.6% in a month, +1.9% in 12 months
- Milk: +0.7% in a month, +3.9% in 12 months
- Coffee: +2.4% in a month, +9.6% in 12 months
- Pop: -0.1% in a month, +0.7% in 12 months
Energy:
- Gasoline (all types): -0.1% in a month, -11.8% in 12 months
- Gasoline (regular): +0.2% in a month, -12.3% in 12 months
- Electricity: +0.8% in a month, +3.6% in 12 months
- Utility (piped) gas service: +3.7% in a month, 15.4% in 12 months
Medicine:
- Prescription drugs: +0.4% in a month, +2.3% in 12 months
- Nonprescription drugs: +0.3% in a month, -1.1% in 12 months
- Health insurance: +0.4% in a month, +3.3% in 12 months
Shelter:
- Shelter (overall): +0.3% in a month, +4.0% in 12 months
- Rent of primary residence: +0.3% in a month, +4.0% in 12 months
- Owners’ equivalent rent of primary residence: -0.1% in a month, -1.4% in 12 months
- Lodging away from home: +0.4% in a month, +4.3%% in 12 months
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Comments
thats why fed does NOT need to lower the rates
the market ,,,as usual ,is deciding what they should be
as the price of falling eggs is no yolk
Exactly. WEIRD how this is happening without the Fed. Maybe, just maybe, we don’t need the Fed!
never did
it was just another scheme as Woodrow Wilson proclaimed:
now we will never have another depression…yet 3+ years later we had a depression
you dont hear much about that b/c Warren G ( great gangsta rap name) Harding//Calvin Coolidge said..we will let the market sort it out..and that depression led to the roaring 20’s economy
the feds control the banks and the banks have to take the fall when the sh its the fan
never needed as you state
but always wanted by the state
Count me in but getting rid of.the.Fed would probably require going to some sort of gold standard/linkage. No flipping way that the establishment does that b/c it guts their advantage in access to capital nor.does.Congress want to be told they can’t borrow any more to spend tax.dollars to buy votes in their States and CD. Every Wall St institution will trot out the ‘Cross of Gold’ speech and preach ruination.
correct and hence the continued downfall of western civilization
That was mighty white of you.
thank y0u
and good quote from the enforcer
It’s a good thing because it is eggisxtential to working class Americans
Thank you Leslie! Very helpful!
Now could you just do it by state? (Just kidding)
Yet some people will actually be saddened.
Thankfully Biden set us on this path of lower inflation and prices. Trump hasn’t had time to screw it up yet
can you please explain how biden did so
tia
/sarc
Was your lobotomy painful?
I’d be interested in hearing how he did that
So would I. I’m just glad the “Putin Price Hike” is winding down.
A dozen jumbo eggs are $5.25, and slowly getting cheaper here in Missouri. Ground beef is still outrageous, but bacon is down right cheap with all the pig farms in this state.
Fifteen percent corny gasoline is $2.65/gallon, and falling, but I only buy 100 proof busthead for my monsterous, gas guzzling SUV, and that is about a dollar more per gallon. There’s a lot of tire sales going on right now, and prices are looking good. I might have to invest in some new tires for my rides.
If you look hard enough, one can find some pretty good airfare deals just in time for Summer vaycay. And it appears the loon toon troon stealing luggage spree at the carousel has been neutralized, so let’s go America!
Don’t forget your real I.D.
Dang that’s high in Missouri, what were your beef/pork prices? This AM in Bama I paid $4.15 for a dozen jumbo eggs, hamburger was $5.44 lb while ground chuck was $5.80 lb with NY Strip Steaks at $9.80 lb and some beautiful center cut boneless pork chops at $3.80 lb.
18 large were under $6 here in NC this week dropping from over $8 dozen not long ago.
With the exception of gasoline I don’t see any lower prices. I don’t see the supermarket lowering prices. I don’t see restaurants ever lowering their prices. There maybe a lag between inflation numbers and the results. It still won’t affect a lot of prices all that much (except for gasoline which is always volatile).
You understand that transportation costs, one major input of which is fuel prices, impact the the cost of every product on the shelf?
Inflation isn’t high prices. Inflation isn’t even rising price today over yesterday; that’s just a symptom. Inflation occurs when we have excess money supply in the economy. If you and I have agreed that these bits of paper are ‘money’ and we establish a trading relationship based on the value of the ‘money’; one bit of paper for one egg. Then overnight the supply of ‘money’ doubles and we both know it then the price of.the egg will double as.well from one bit of paper to two bits of paper. That’s b/c the supply of the ‘money’ increased so the value of those bits of paper are now readjusted lower to account for the increased supply. IOW they become worth less in direct proportion to the amount of increase in supply/circulation. Simplistic but accurate. Usually there’s an ongoing ‘price discovery’ among market participants and the initial advantage goes.to those with more knowledge among other factors but eventually the new prices are adopted as all participants become aware of the new circumstances.
Well inflation has to do with increase in price not the price itself. For prices to drop we’d have to have deflation.
Some of those numbers are negative which indicate deflation. My point was that with the exception of gasoline I haven’t seen any prices affected. I don’t buy eggs so i wouldn’t see any changes.
Biden spent 4 years pumping up the money supply which caused a lot of the inflation together with his war on fossil fuels. That has basically screwed everyone since the relative buying power of everyones holdings has decreased (with the exception of a lot of congress critters who made a killing),
My perspective is that of someone retired on a fixed income. My cost of living has skyrocketed in a lot of categories while my income has not kept pace. This makes me very grumpy. The only asset I have that has appreciated is my home. Its appreciation is worthless to me since i’m not selling. All it does is allow the town to jack up my property tax which they’ve been more than happy to do.
The price increases you are mistakenly referring to AS inflation are a reflection of the perceived value of the currency and its supply. When the supply of money goes up the value of the monitors down.
If we have 100 US dollars in the money supply and the fed reserve.prints off ten more (increasing the supply by 10%) then the relative value of goods and services across the economy will increase by the same 10%. The only thing that changed was the amount of money. It still feels like a.financial hit when the ‘price increases’ by 10% but across the economy incomes went up b/c folks.demanded higher wages to account for it. Overly simplified.
I get it about being grumpy. For those in the broad middle-class the last five.decades, the last three in particular, haven’t been great. Thing is EVERYONE is on a ‘fixed income’. A.salary is what it is just like a pension. The only recourse is to get another source of income. Lots of.folks in the workforce doing that with side jobs.
If I may offer some.sincere advice, please at least consider moving to a lower cost area of the Nation. Heck in Alabama over 65 are.exempt from even the minimal property tax we have; though we do have income tax caped at 5% and sales tax is usually around 11-12%. Sell and buy a smaller place in a lower cost jurisdiction and invest the remainder over purchase price, use a financial planner to assist.
Just as our multinational news corporations predicted, right?
Humpty Dumpty sat on a wall.
Humpty’s price had a great fall.
All the horsefaced sh*tlibs and their beta men
Couldn’t make the price of Humpty go higher again.