Good news for Americans. “For the second year in a row, the cost of buying Thanksgiving dinner has decreased from the year before, according to the American Farm Bureau Federation’s annual report released Wednesday.”

  • distantsounds@lemmy.worldEnglish
    111·
    10 days ago

    The headline is a little misleading…

    [Inflation rose at a 2.6% annual rate](https://www.bls.gov/news.release/pdf/cpi.pdf) in October, according to the consumer price index report released last week. But, most importantly in the report to America’s home chefs: Food at home prices are up just 1.1% from 2023. Compare that to 2022 when prices jumped more than 10% from 2021.

    Thanksgiving dinner may feel less expensive this year

    Inflation-adjusted cost of Thanksgiving dinner falls to lowest point since 2020

      • distantsounds@lemmy.worldEnglish
        5·
        9 days ago

        That’s completely understandable, but the title should be just that. Oversights like this lead to a distrust in the media/government because the mixed messaging. People see cost and think price; which is not saying the same as cost adjusted for inflation.

        People are dumb. I am person.