Market research firm IRI predicts that your Thanksgiving meal will cost about 13.5% more compared to last year, based on how retail prices in the four weeks through October 16 compared to the same period in 2021. IRI measures items including turkey and other meat, baking essentials, beverages and popular side dishes in its list of Thanksgiving foods.
Even if retailers offer promotions in the weeks or days leading up to the holiday, those prices will still likely be higher than in the same period a year ago, said Alastair Steel, executive of IRI Client Engagement. Click here to read the full article.
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