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How much of the average shopper's budget is eggs? If it's not that big a percentage then you're just not going to see it in the overall inflation rate, and you

How much of the average shopper's budget is eggs? If it's not that big a percentage then you're just not going to see it in the overall inflation rate, and you wouldn't expect to.

smileysteve 4y ago
Eggs are significant ingredient in many homemade things (eggs, bread, pancakes, pastas, brownies) and one of the cheapest,cleanest protein sources in the American diet. The Aivian flu + inflation caused a carton of 18 eggs to increase in price more than 50% recently (<$5 to > $7.50). My household has fought this increase by increasing mushrooms and spinach in our eggs, and recently hybridizing with liquid egg whites.
- throw0101a 4y ago
  > Eggs are significant ingredient in many homemade things (eggs, bread, pancakes, pastas, brownies) and one of the cheapest,cleanest protein sources in the American diet. Yes, and food makes up ~13% of the BLS CPI. This is taken into account when they do their surveys to see what people are spending their money on: * https://en.wikipedia.org/wiki/Consumer_Expenditure_Survey https://en.wikipedia.org/wiki/Consumer_Expenditure_Survey Remember that the CPI is the national average inflation for an average basket of goods, and not your personal inflation. In Canada, StatCan actually has a personal CPI tool so that you can see how things are for your personal basket of goods: * https://www150.statcan.gc.ca/n1/pub/71-607-x/71-607-x2020015-eng.htm https://www150.statcan.gc.ca/n1/pub/71-607-x/71-607-x2020015...
  - smileysteve 4y ago
    I'm not questioning the survey results, I am challenging the lack of importance of eggs.
    - throw0101c 4y ago
      > I'm not questioning the survey results, I am challenging the lack of importance of eggs. The survey would determine how many eggs people eat, both directly (omelettes) or indirectly (or as a component, as in cake): * https://www.statista.com/statistics/183678/per-capita-consumption-of-eggs-in-the-us-since-2000/ https://www.statista.com/statistics/183678/per-capita-consum... And from there the BLS would know how many to put in the basket of goods it uses. Which they have listed in this table: * https://www.bls.gov/news.release/cpi.t02.htm https://www.bls.gov/news.release/cpi.t02.htm And here's the data series for the price of eggs: * https://data.bls.gov/timeseries/APU0000708111 https://data.bls.gov/timeseries/APU0000708111 * https://fred.stlouisfed.org/tags/series?t=bls%3Beggs https://fred.stlouisfed.org/tags/series?t=bls%3Beggs What people put in the the survey would indicate the the "importance of eggs" (in the average case).

How much of the average shopper's budget is eggs? If it's not that big a percentage then you're just not going to see it in the overall inflation rate, and you wouldn't expect to.

smileysteve 4y ago

Eggs are significant ingredient in many homemade things (eggs, bread, pancakes, pastas, brownies) and one of the cheapest,cleanest protein sources in the American diet. The Aivian flu + inflation caused a carton of 18 eggs to increase in price more than 50% recently (<$5 to > $7.50). My household has fought this increase by increasing mushrooms and spinach in our eggs, and recently hybridizing with liquid egg whites.

throw0101a 4y ago
> Eggs are significant ingredient in many homemade things (eggs, bread, pancakes, pastas, brownies) and one of the cheapest,cleanest protein sources in the American diet. Yes, and food makes up ~13% of the BLS CPI. This is taken into account when they do their surveys to see what people are spending their money on: * https://en.wikipedia.org/wiki/Consumer_Expenditure_Survey https://en.wikipedia.org/wiki/Consumer_Expenditure_Survey Remember that the CPI is the national average inflation for an average basket of goods, and not your personal inflation. In Canada, StatCan actually has a personal CPI tool so that you can see how things are for your personal basket of goods: * https://www150.statcan.gc.ca/n1/pub/71-607-x/71-607-x2020015-eng.htm https://www150.statcan.gc.ca/n1/pub/71-607-x/71-607-x2020015...
- smileysteve 4y ago
  I'm not questioning the survey results, I am challenging the lack of importance of eggs.
  - throw0101c 4y ago
    > I'm not questioning the survey results, I am challenging the lack of importance of eggs. The survey would determine how many eggs people eat, both directly (omelettes) or indirectly (or as a component, as in cake): * https://www.statista.com/statistics/183678/per-capita-consumption-of-eggs-in-the-us-since-2000/ https://www.statista.com/statistics/183678/per-capita-consum... And from there the BLS would know how many to put in the basket of goods it uses. Which they have listed in this table: * https://www.bls.gov/news.release/cpi.t02.htm https://www.bls.gov/news.release/cpi.t02.htm And here's the data series for the price of eggs: * https://data.bls.gov/timeseries/APU0000708111 https://data.bls.gov/timeseries/APU0000708111 * https://fred.stlouisfed.org/tags/series?t=bls%3Beggs https://fred.stlouisfed.org/tags/series?t=bls%3Beggs What people put in the the survey would indicate the the "importance of eggs" (in the average case).