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Economy

“Inflation Hits July 4 Cookouts With Food Prices Up as Much as 36%”

“…Ground beef prices are up 36% from a year ago, while chicken breasts gained by a third, according to a survey from the American Farm Bureau Federation. Overall, revelers can expect to spend 17% more on food for a barbecue, marking the biggest increase since the lobbying organization began tracking data a decade ago…

However, not all foods in the survey saw big jumps in price. Strawberries sank 16% and sliced cheese fell 13%…”

https://finance.yahoo.com/news/inflation-hits-july-4-cookouts-181515381.html

More than likely people cut back on those food products. That’s why the prices fell.

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