Transcripts for CNN CNN Newsroom With Pamela Brown 20240604

CNN CNN Newsroom With Pamela Brown June 4, 2024 23:42:00

brother prince andrew will be there, nor any word on the potential presence of harry and megan. inflation is slowing, but you wouldn't know it by looking at your grocery bill, right, especially if you're buying eggs. cnn's business reporter nathaniel myerson joins us. egg prices have jumped 60% in a year. what's going on? >> we have eggflation, pam. egg prices have spiked. we're seeing sticker shock when we go to the grocery store. there are a few reasons we're paying more for eggs. there was a deadly avian flu that killed more than 50 million birds. so there's supply shock. then we have feed and energy costs going up for farmers and they're passing down the costs onto customers. we're all baking more, especially around the holidays, so there's higher demand. tight supply and high demand has increased egg prices. it's not just at the grocery

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