Food inflation has spared Thanksgiving dinner, thanks to the trade war

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Food inflation has spared Thanksgiving dinner, thanks to the trade war - Yahoo

The cost of a typical Thanksgiving dinner will cost just a penny more than it did last year, according to the American Farm Bureau Federation (AFBF).

A new survey from the AFBF has found that the average price of a Thanksgiving dinner for ten people — which includes turkey, stuffing, sweet potatoes, rolls with butter, pumpkin pie with whipped cream — is $48.91. That’s only a penny above last year’s price.

AFBF’s chief economist John Newton told YFi PM that despite an on-going trade war between the U.S. and China and rising food prices overall, the price of Thanksgiving dinner has remained mostly flat.
 
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