Cost of Thanksgiving meal reflects limited food price inflation
Story Date: 11/13/2013

Source: CAROLINA-VIRGINIA FARMER, 11/13/13

Consumers can expect only moderate price increases on Thanksgiving staples and less expensive turkeys this holiday season, Purdue Extension agricultural economist Corinne Alexander says.

In the U.S., average annual food price inflation is about 2.5%, but this year grocery food prices are running just 1% higher than 2012 prices.

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