Tribeca Park Cafe has notified its customers about rising prices, clarifying that these increases are due to soaring costs of eggs, dairy, and coffee. The cafe provides evidence through printed news articles detailing egg price hikes caused by bird flu decimating chicken populations. Currently, average egg prices have more than doubled compared to the previous year. Despite these justified increases, there remains skepticism about whether businesses might exploit this situation for higher pricing, especially as some companies may capitalize on public awareness of commodity spikes.
Due to high increase in egg, dairy products, and coffee prices, unfortunately, we have been forced to accommodate those high costs.
Egg prices have exploded lately, due in large part to the bird flu, which has resulted in the loss of tens of millions of egg-laying chickens in recent months.
The average nationwide cost of a dozen Grade A large eggs hit $4.15 in December, up from $2.51 a year ago.
...it's hard not to wonder whether all the news about egg prices gives some businesses a little extra leeway in what they charge.
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