Eggs are up 50% from last year. How much is inflation hitting your holiday meals? – By Bailey Schulz (USA Today) / Dec 19, 2022
Loading up on egg nog, cookies and other holiday favorites is going to cost more this year.
While inflation is starting to slow, food prices are still far above where they were during the 2021 holiday season. Grocery prices in November were up 12% year-over-year, according to data from the Bureau of Labor Statistics.
“There’s just been that upwelling of prices across the board,” said Michael Swanson, lead economist for Wells Fargo. “So it’s going to be more expensive, but there are some bright spots that are developing for some of the more festive foods.”
