CNN’s Christine Romans: ‘Inflation Is Your Uninvited Guest for the Holidays This Year’
‘We are expecting the price [of turkey] to top a record-high of a $1.36 per pound’
EXCERPT:
ROMANS: “John Berman, let’s talk turkey. Inflation is your uninvited guest for the holidays this year. Economists are saying -- grocery stores are saying they expect a run on turkeys, a run on birds, as people gather again this year. Take a look at this. We’re expecting the price to top a record high of $1.36 per pound this holiday season, that’s nearly 22 bucks for a 16-pound Turkey. Your sides, that’s a problem too. All of those prices are rising for potato, for biscuits, for vegetables and apples, all of these are up since last Thanksgiving. Potato prices up 3.5 percent, biscuits up 4, that's just since last year. Mixed vegetables up almost 4. Those apples to make your signature pie up nearly 8 percent.”
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