November 6, 2024

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Thanksgiving inflation turns shoppers into chickens

Thanksgiving inflation turns shoppers into chickens

Inflation is forcing controversial Big Apple shoppers to grumble on Thanksgiving, with some telling The Post they’ll gobble up chicken because Turkey is expensive.

“I’ll buy cooked chicken, which they usually sell for $5 or $7,” sighed Osvaldo Paez, 62, who has a steady income and always celebrates Thanksgiving with turkey.

At Key Food in the East Village, where The Post found Baez to shop, a 16-pound Butterball was $1.99 a pound — after spending an additional $75 on groceries.

“All of these companies are making money, billions and billions and billions, and they’re still inflating prices on all the items,” he exclaims. “And allowing the government to do so – they are well aware.”

A handout of 12 holiday items serving 10 people is estimated to bring in $64.05 this year, up 20 percent from $53.31 just last year, according to the annual American Farm Federation survey.

Baez said he would serve roast chicken at the Thanksgiving feast instead of the expensive turkey.
Helen Seidmann for the NY Post

Frozen turkeys included in the survey cost $1.81 per pound in mid-to-late October, a 21 percent jump from last year, in part because of a smaller flock this year and more expensive feed costs.

Among the other price increases: A cubed filling cost $3.88 for a 14-ounce box versus $2.29 last year, while the cost of a two-pack of pies rose 77 cents to $3.68.

Fed up shoppers said The Biden administration’s profligate spending He is responsible for their sudden state of financial loss.

Prices of many Thanksgiving staples have gone up since last year.
Prices of many Thanksgiving staples have gone up since last year.
A woman distributes potatoes in a grocery store.
The cost of the Thanksgiving meal has jumped 20 percent this year, according to a survey.
Helen Seidmann for the NY Post

“We spent a lot of money as a government, and that’s the problem,” said Jim Petros, 74. “There is no such thing as free money and you have to find out at some point.”

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“Who is in management now?” A 62-year-old bookkeeper saw the talk, adding that eggs cost $10. “It wasn’t like that before.”

“I am disgusted,” she added. “I can’t save anything. I can’t save a little bit of what I used to go on vacation.”

The The president said last month that he was trying to help families Deal with the fact that Thanksgiving “costs a lot” of money at an event announcing efforts to reduce bank “junk fees.”

Dennis Perez in a grocery store
Shoppers say they face a Thanksgiving grocery price shock.
Helen Seidmann for the NY Post

These families are now experiencing a bad case of supermarket sticker shock.

— Turkey and veggies are priced in, exclaims Denise Perez, 47, who was dumbfounded to see a roast pork fetching $1.49 a pound, a 50 percent increase from the usual price.

“General inflation which lowers the purchasing power of consumers is an important factor contributing to the increase in the average cost of Thanksgiving dinner this year.” said AFBF Chief Economist Roger Cryanwhich additionally linked high costs to supply chain issues and the war in Ukraine.