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high egg pricesABC News
•Business
Business & Economics
80% Informative
President Donald Trump says egg prices are down 87% since he took office.
Some experts say the claim is misleading.
Consumer egg prices have climbed 25% since January , data shows.
Wholesale egg prices -- the amount grocers pay to suppliers -- have dropped significantly since Trump took office, experts say.
The lag owes in part to the nature of contracts between businesses and egg suppliers, which often lock in prices for weeks , experts said. Grocers may also be reluctant to slash egg prices, some experts added, since customers have largely kept up egg purchases at higher prices. “For as much people talk about increasing egg prices, they’re still buying eggs,” Malone said. ABC News' Emily Chang contributed to this report..
VR Score
84
Informative language
82
Neutral language
74
Article tone
formal
Language
English
Language complexity
41
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Attention-grabbing headline
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Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
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