Dept. of Agriculture projects that food-at-home costs will be up 2.5%-3.5% this year
Almost all the ingredients that are quintessential to a Thanksgiving dinner could be more expensive this year because of inflation.
The Department of Argiculture is projecting that food-at-home costs will be up 2.5% to 3.5% this year. One of the factors driving the prices up are supply chain issues left over from the height of the pandemic.
Turkeys are in shorter supply this year than they were last year. Foods like meat, poultry, fish and eggs have seen the highest gains driven by price increases.
In 2020, the average price of Thanksgiving dinner dropped by 4% from 2019 - but, that is not the case this year.
Not only are shoppers feeling the sting of higher prices, but so are local grocers.
Economists say consumers will continue to see and feel sticker shock for as long companies struggle to meet consumer demand.