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High inflation is making your Memorial Day barbecue more expensive

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libertybele:
High inflation is making your Memorial Day barbecue more expensive

Planning 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

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