U.S. food costs continue to rise
Filling the dinner table is emptying your wallet.
(CNN)— Filling the dinner table is emptying your wallet. Food inflation remains on an upward trend, even out-pacing overall inflation.
According to the Bureau of Labor Statistics, for the twelve month period that ended in November, the cost of food became 10.6% more expensive and officials say numerous factors are to blame. Those include supply chain issues, crop-damaging diseases and extreme weather.
ABLS Report, released today’s, says eggs are nearly 50% more expensive than they were a year ago and butter prices shot up 27%
However, the cost for some items, like uncooked beef and bacon, did decrease in that same time frame.