# Food price hikes are no longer outpacing overall inflation | CNN Business

> Food price inflation has slowed and is no longer outpacing overall inflation. Egg prices, which rose 70.1% earlier in the year, are now down 22.3% as supplies recovered after the deadly avian flu.

- Date: 2023-12-12 · published 2023-12-12T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/32709-food-price-hikes-are-no-longer-outpacing-overall-inflation-cnn-business
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Lower retail egg prices reflect rebuilt layer supply, which keeps egg-related feed demand steady. The impact on feed grain prices is limited.

## Sources

- cnn.com: https://www.cnn.com/2023/12/12/economy/food-inflation-november-cpi

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.