Look at what a $100 Thanksgiving dinner grocery budget could get you from 2019 through 2024.
Does it feel as if shopping for your Thanksgiving meal is more expensive than it was before the pandemic? It is. The cost of filling your cart this year is about 42% higher than it was in 2019, according to Datasembly, which tracks prices at hundreds of stores. This year,such as Walmart and Kroger are offering deep discounts on turkey to get shoppers in the door, and as of mid-November, the average price for a cart of Thanksgiving basics is down 2.67% from last year.
Did you notice a pretty significant difference? That's because there were steep U.S. grocery price increases between 2020 and 2023. Typically, they rise around 2% each year. The recent surge in inflation was due to multiple factors. In 2020, the pandemic initially disrupted food supplies, shutting down plants due to illness. As the economy rebounded in 2021, food manufacturers and grocers faced labor shortages and raised pay as a result. Higher energy prices also made it more expensive to transport goods and make packaging materials like aluminum cans.
But there has been some relief. Grocery price inflation has been cooling since the second half of 2022. Supply chain problems and fuel prices have eased. In some cases, food companies are lowering prices to lure back inflation-weary customers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These look-alike contests look a lot like the Timothée Chalamet look-alike contestMissed the Timothée Chalamet look-alike contest last month? Don’t worry, more are coming to New York City soon.
Read more »
This Highly-Rated Luggage From Target Is Somehow Under $100Alexandra Polk is a Brooklyn-based freelance journalist covering culture, shopping, and lifestyle content.
Read more »
Former Detroit Tigers Pitcher Projected to Land Deal Just Under $100 MillionThe Detroit Tigers traded away a veteran pitcher at the trade deadline, and he is projected to earn a raise in free agency this winter.
Read more »
Chinese driver-assist startup announces $100 million in funding, touts 'deep cooperation' with NvidiaDeeproute said it is the first company in China to obtain Nvidia's newer Thor chip for cars and will release a new system using it next year
Read more »
FBI Warns Gmail, Outlook Users Of $100 Government Emergency Data Email HackDavey Winder is a technology journalist who covers cybersecurity news and research. He’s covered everything from the true story behind the hacking of Donald Trump’s nude photos to a record-breaking ransomware payment of $75 million.
Read more »
The premium Bose QuietComfort Ultra are $100 off and an exciting pick right nowPolina Kovalakova, a News and Affiliate Content Writer, has nurtured a passion for mobile technology since the era before smartphones. With a history of exploring a variety of devices, her insights into the mobile world are both broad and nuanced.
Read more »