Consumer Food Prices Remain Pretty Steady

After adjusting for inflation, the price of Easter eggs is at the lowest level in more than 20 years, down four percent from 1995. The real inflation-adjusted value of an 11-item subset of the Spring Picnic Marketbasket is $13.04, the lowest level since 2010. The informal survey completed by 117 volunteer shoppers across 31 states confirms that U.S. consumers continue to reap the bounty of a safe, abundant and high-quality food supply here in the U.S. while spending a small share of disposable income on food at home.   See more here.