UBS On-Air: Paul Donovan Daily Audio 'Go to work on an egg'
UBS On-Air: Market Moves - Un pódcast de Client Strategy Office
Like most economists, the US Department of Agriculture’s “Egg Market News Report” is required reading. US farmers’ egg prices roughly halved in 2023. However, consumer prices for eggs rose 8.5% last month—a reminder that consumer price inflation is complex. Today, US farmers get around a third of retail egg prices. Retailers’ costs and profit margins dominate consumer prices. That is where economists must look for inflation risks.
