Burn your grill this week and get ready to burn your money – the price of the Thursday July cookout went up.
The average summer cookout of 10 people at today’s prices has risen from $ 55 last year to $ 68, an increase of $ 18 or 17 percent, according to a study by the American Farm Bureau Federation market. It had sunk sixteen cents in 2021 from a year ago, a scene featuring Biden White House celebrating with punches.
“Planning to cook food this year? Ketchup panhau. According to the Farm Bureau, the price of the 4th July BBQ has dropped since last year, “the White House tweeted on July 1, 2021.” It’s a fact you should-hear (d). Hot dog, Biden’s economic plan is working. And that is something we can all enjoy. “
The modest decline was still far from recovering from the 2020 increase of $ 477 over 2019.
The Farm Bureau, an insurance company and advocacy group representing the American agricultural industry in the DC, released its review Monday of the Independence Day party bag and found only three items – two pinches of strawberries at $ 444, a pound of sliced cheese. at $ 355 and a 16-ounce bag of potato chips at $ 477 – had fallen in price since 2021.
The biggest price increase was two pounds of beef at $ 12, or 36% above $ 8 in 2021, which had dropped by 8. Covid-19 launched in 2020.
Overall, home-cooked food – as in cooking – increased in price by 11.9% in May in the same month last year, compared with 10.1% of the total food supply, according to the current Consumer Price Index from the U.S. Department of Agriculture. agricultural Economic Research Service.
Eggs, which rarely make a cook, were a staggering change in the CPI report, as they went for nearly a third over the previous year at 32.2%. But meat – which burdens the holiday budget this year – jumped 13.1% more than last year.
That’s what you’re paying for in the market, but beef retailers are doing less in the trade, with beef sales at 14.2% lower in May than the same period last year, according to the Producer Price Index report. The eggs of smart prices have even increased at the level of manufacturers at more than double the price, at an increase of 100.7%, over the previous year.
This fourth July grocery purchase could be a shocking addition, as the Department of Agriculture predicts that food-at-home meals-2022 will increase by 8.5% to 9.5%, with restaurants and grocery stores looking at it. a steady increase of 6% to 7% as the year progresses.
New Englanders are experiencing an average 9% inflation rate in all regions due to inflation, according to the April State Inflation Tracker released by Republican members of the Congress’ Joint Economic Committee – a rate that is surprisingly lower than most countries with current inflation.
Residents of the Western Mountains – and especially Utah and Colorado, which glows red on the commission for a rising price – are feeling a certain Rocky Mountain high with a 12.7% price increase.
Honesty / American Farm Bureau Federation
A study by the American Farm Bureau Federation shows that Americans will spend up to 17 percent more on July 4 cooking than they did last year. (American Farm Bureau Federation)
A study by the American Farm Bureau Federation shows that Americans will spend up to 17 percent more on July 4 cooking than they did last year. (American Farm Bureau Federation)
Integrity / Joint Economic Committee Republicans
The heat map shows the rate of inflation observed by citizens of various US states since April 12, 2022, according to Republican members of the Congress’ Joint Economic Committee’s State Inflation Tracker. New England prices rose 9% by April 2022 compared to January 2021, but the region was not the worst to date. (Honesty / Joint Economic Committee Republicans)
