"Food Inflation Spikes 9.0%, Eggs Fall 100%: Scrambled Economy"

According to Wolf Richter, the Consumer Price Index for "Food at home" rose 0.72% in December, a 9.0% annualized increase, with prices for beef, coffee, and dairy products increasing, while egg prices fell due to easing avian-flu related shortages, with the index up 30% since January 2020, amid broader food inflation trends in the US, with the CPI for restaurant food also experiencing significant growth, as reported by Richter, a business and finance analyst, on January 2023.