The Real Causes Behind Recent Price Spikes in Eggs, Orange Juice, and Gas

Reported 3 months ago

Recent price spikes in essential goods like eggs, orange juice, and gas have been attributed to specific supply chain issues, not political policies. Egg prices have soared due to outbreaks of bird flu affecting poultry production. Similarly, orange juice prices are influenced by a bacterial disease impacting Brazilian oranges and bad weather in Florida. Though gas prices increased under the Biden administration, factors like the pandemic's impact on demand and geopolitical events, such as Russia's invasion of Ukraine, played a significant role, reflecting broader market dynamics rather than government actions.

Source: YAHOO

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