We ran an interesting Associated Press article in yesterday’s Business section about how the rising cost of food and fuel will affect the average summer barbecue this season.
I know it caught my eye, because like many other Americans, we plan to have a few friends over for a cookout this holiday weekend.
From the article: Food inflation is the highest in almost two decades, driven by record prices for oil and gas, mounting global demand for staples such as wheat and corn, and rising costs for proteins such as chicken.
I don’t know about you guys, but I’ve noticed the difference in my grocery bill every time I go shopping. Just about everything on my list is more expensive, and it seems to be most noticeable in the produce department. But maybe that’s just where I’m paying closest attention.
How does it all really break down? Well, that was the most interesting part of the CNN version of the same story, in my opinion. While they say the overall cost of the cookout has gone up about 6 percent from last year, they provided some exact figures for all the individual components.
See below the jump: