Monday, October 28, 2024 | Baltimore, MD
FOLLOW US:

Soaring egg prices take toll on restaurants, shoppers, economy

February 2, 2023

When Kelly Simmons bakes her signature butter crunch cookies, she uses flour, butter, baking soda, water — and, of course, eggs. But after egg prices skyrocketed, Simmons, owner of Aunt Kelly’s Cookies in Mount Vernon, raised prices by 20% just to stay afloat. Now sales are down, revenue is dropping, and she’s been forced to cut staff. “We are in a position where we’re going to have to figure out alternative ways of turning a profit,” she said. Business owners like Simmons are feeling the weight of rising egg costs, and the pain is also hitting shoppers at the grocery store. Though overall grocery prices have increased, the jump in egg prices is one of the most impactful examples of inflation.

Article Source: The Baltimore Banner

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.