Waffle House announces 50-cent surcharge on eggs because of bird flu

Waffle House announced it will be adding a 50-cent surcharge to all egg items sold at its more than 2,000 locations because of soaring egg prices caused by the bird flu.
Waffle House announced it will be adding a 50-cent surcharge to all egg items sold at its more than 2,000 locations because of soaring egg prices caused by the bird flu.
The surcharge went into effect Monday.
In a statement, the comfort food franchise said the surcharge was triggered by the highly infectious virus, which has affected the chicken population and caused an egg shortage. More than 13 million hens have been lost or slaughtered since December after the bird flu outbreak, according to the Agriculture Department’s latest egg markets overview.
Economists and market analysts have cited the bird flu as the chief reason for the price spike, along with the typical consumer demand for eggs during the winter holiday season.
In the past year, the average price for a dozen eggs in the U.S. has jumped 50%, and the cost increase appears to have accelerated since November, the month Donald Trump was elected president, according to data from the U.S. Bureau of Labor Statistics.
Rating: 5