1. Fourth of July cookout prices
2. Higher prices for Fourth of July cookouts.
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(CNN) – Hosting a Fourth of July cookout in the UK this year may have set you back more than in previous years, according to the latest findings. The American Farm Bureau’s Fourth of July Marketbasket Survey has revealed that the cost of a cookout has increased by 5% compared to last year, and a whopping 30% higher than five years ago.
To host a gathering of ten people for the celebration this year would set you back just over £50, while in 2023, the same amount would have cost under £50. Analysts have identified that meat prices have had the most significant impact on grocery budgets.
Aside from meat, consumers will also notice higher prices for bread, milk, and other side items compared to last year. This trend is likely to have been influenced by a combination of factors, including inflation and supply chain disruptions.
As consumers navigate these higher costs, it is essential to be mindful of budgeting and finding ways to make the most of their celebrations. Planning ahead, opting for more budget-friendly alternatives, and shopping for deals can all help mitigate the impact of rising prices on your cookout expenses.
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