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Trump Says Eggs Cheaper, USDA Predicts 2% Grocery Rise

8/6/2026

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Summary

Story summary

U.S. President Donald Trump said grocery costs are falling, citing cheaper eggs.
The July 24 CPI report showed egg prices fell 0.8% in May-June and 27.9% versus June 2025.
USDA forecasts overall grocery prices will rise about 2% for the rest of 2026, adding roughly $40 to a typical $1,000-$1,400 monthly bill and hurting low-income SNAP households that spend 20%-25% of income on food.

History

Historical Context

The 2008 world food-price crisis, driven by drought, soaring oil and biofuel demand, saw the FAO’s food price index jump roughly 50 % between January and July and sparked riots from Egypt to Haiti. Today, USDA forecasts a 2 % grocery-inflation rise—about $40 on a $1,200 bill—while President Trump cites a 0.8 % egg dip, echoing past calls for stronger SNAP aid.

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Story summary

U.S. President Donald Trump said grocery costs are falling, citing cheaper eggs.
The July 24 CPI report showed egg prices fell 0.8% in May-June and 27.9% versus June 2025.
USDA forecasts overall grocery prices will rise about 2% for the rest of 2026, adding roughly $40 to a typical $1,000-$1,400 monthly bill and hurting low-income SNAP households that spend 20%-25% of income on food.

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