Breakfast prices are surging as the average price of eggs hit a record high of $4.95 per dozen due to a bird flu outbreak that has affected millions of birds. Avocados, already experiencing a price increase of 17% year-on-year, may also rise because of proposed tariffs on Mexican imports, impacting consumer costs. Experts indicate that tariffs effectively act as taxes, largely affecting American buyers, further straining household budgets amid rising food costs.
A tariff on avocado imports is basically a tax on US avocado consumers and most tariff revenue would be paid by US consumers.
The price of eggs rose in part because of the bird flu outbreak that has spread to dairy cattle and, in some cases, to humans.
Even pre-tariff, avocados, at an average of $0.91 each, were already 17% more expensive in the first week of February than they were during the same period last year.
Savor the taste of that avocado toast with eggs because it is about to get more expensive.
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