Comments Off on Inflation: Tips for saving on holiday meats
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As families in the U.S. prepare to face Thanksgiving and Christmas inflation on their favorite food staples, the cost of meat has already gone up.
Economic challenges that are directly impacting supply chains and labor forces are being passed on to consumers, AgAmerica’s Senior Director of Institutional Credit Curt Covington told FOX Business.
"We’re spending about 5% more to buy food compared to last fall, and while that’s not as extreme as the inflation rate we’re seeing for housing or transportation, it still means extra money is coming out of your pocket," Covington explained. "A shortage of truck drivers contributes to these increases, along with continued demand as people cook a lot of meals at home."
'MEATFLATION' STRIKES AS HOLIDAYS LOOM AMID SKY-HIGH CONSUMER PRICES
While some consumers can easily find a bargain on produce by visiting farmer’s markets or shopping for frozen or canned fruits and veggies, meat discounts can be hard to secure if you’re looking for something fresh.
If you’re looking to protect your wallet next time you go to a supermarket or butcher, here are a few expert shopping tips that should get you through meatflation.