Thanksgiving Dinner , Will Be Less Expensive This Year.
A new survey about Thanksgiving food costs
was released by the American Farm Bureau
Federation (AFBF) on Nov. 15, CNN reports.
According to the survey, preparing food
for 10 people will cost an average of $61.17.
That's 4.5% less than last year's
average of $64.05, a record high. .
While Thanksgiving may cost less for most
people this year, it will still be 25% more
expensive than it was in 2019, CNN reports. .
From September to October of this year,
food prices increased by 0.3%, according
to the Bureau of Labor Statistics. .
Still, the holiday's centerpiece, turkey,
will cost 5.6% less than last year.
On average, shoppers can expect to
spend about $27 for a 16-pound bird.
Efforts to limit the spread of
avian bird flu have also reduced prices.
Traditionally, the turkey is the most expensive
item on the Thanksgiving dinner table. Turkey
prices have fallen thanks to a sharp reduction
in cases of avian influenza, which have allowed
production to increase in time for the holiday, Veronica Nigh, senior economist at the AFBF, via CNN.
While shoppers will see a slight
improvement in the cost of a
Thanksgiving dinner, high inflation
continues to hammer families across the
country, including the nation’s farmers, Zippy Duvall, president of the AFBF, via CNN.
While shoppers will see a slight
improvement in the cost of a
Thanksgiving dinner, high inflation
continues to hammer families across the
country, including the nation’s farmers, Zippy Duvall, president of the AFBF, via CNN