Cost of kitchen staple soars by nearly HALF since January amid cost of living crisis
Egg prices have increased by as much as 45% since January in supermarkets.
Nearly 60 lines in seven major stores rose at least ten percent.
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The biggest increase was the big six pack at Tesco, up 44.4% since January to £2.60.
Supply shortages are believed to be responsible for the rising costs – but this could ease as producers begin to reap greater profits.
The Grocer reports the average price this month is up 49.6% from a year ago.
The UK’s free-range egg producers’ association says the number of hens is “gradually increasing”.
Robert Gooch, their CEO, says the situation has “changed dramatically” at the farm level.
“The irony is that the price has gone too far and beyond what it should be, given the shortage of eggs [from hard-up producers reining back production] driving that price movement upwards,” he added.
“If supermarkets had kept the producers’ businesses open and covered the cost of feed last spring and summer, these prices would never have been as high as they are now.”
Tesco said this week that it will continue to have a limit of three boxes of eggs per customer.
Meanwhile, Happy Egg Co is selling a large six-pack at Sainsbury’s for £2.70, 54.3% more than January 2022.
