United States: inflation weighs on Americans' budgets as the holiday season approaches

This year's festive meals are already shaping up to be the most expensive in the history of the United States.

AP - Nam Y. Huh

Text by: RFI Follow

2 min

In the United States, inflation is setting in and supply problems persist despite the efforts of the Biden administration.

A situation that affects the purchasing power of Americans who begin the holiday season this Thursday with Thanksgiving.

Celebrations that may cost more than ever.

Advertising

Read more

With our correspondent in New York,

Loubna Anaki

In this Bronx supermarket, Lizbeth Rodriguez restocks the shelves of the fresh section and sticks price tags on products.

“ 

Everything is increasing so much.

All !

a dollar, 50 cents, 25 cents ... People complain about it, but hey, it's not my fault,

 ”she laments.

The price of meat has increased by 10% this year

The fault is in fact the

supply problems

that affect all areas in the United States.

The blame is also on the rise in fuel prices and the lack of manpower.

Everything therefore costs more.

The price of meat has increased by 10% this year.

That of other products by 4%.

The festive meals are expected to be the most expensive in the history of the country.

So some are getting organized.

“ 

I started shopping for Thanksgiving dinner three weeks ago.

And when I bought my turkey breasts, it was already much more expensive than the years before, 

”explains a supermarket customer.

Watch for promotions

Maryline watches for promotions to stock as many products as she can.

Especially the most used ingredients for the holidays.

She is not the only one to do this and with the supply problems, it is not without consequences.

“ 

If you're cooking for Christmas, you walk into the store and sometimes all the flour is already gone! 

», She explains.

Faced with this situation, many Americans opt for a large family meal for the Thanksgiving holidays.

One way to pool shopping and spend less money.

See also: United States: Joe Biden gives an emotional speech for Thanksgiving (2020)

Newsletter

Receive all international news directly in your mailbox

I subscribe

Follow all the international news by downloading the RFI application

google-play-badge_FR

  • Economy

  • United States