High inflation is making your Memorial Day barbecue more expensivePlanning to have a barbecue over Memorial Day weekend this year?
Prepare to shell out more money than in years past.
A new analysis published by WalletHub found the typical Memorial Day cookout this year will cost about $30, a 10% spike when compared to 2023. Driving the increase are a number of barbecue staples, including ground beef, hot dogs, steak and beer, according to a FOX Business analysis of Labor Department data.
The cost of steaks jumped 0.3% in April and is up 6.5% compared to the same time last year. Ground beef prices also rose 0.3% in April and are 6% more expensive than a year ago.
Beer prices, meanwhile, surged 0.7% in April and are up 3% from a year ago. Only hot dog prices inched lower in April, falling by 1.1%. However, they remain 7.1% more expensive than last year. ................
https://www.foxbusiness.com/money/high-inflation-making-your-memorial-day-bbq-more-expensive
