(CNN) — People who got an early jump on their Memorial Day barbecue shopping may have noticed something alarming: Prices are up. Still, the increase shouldn’t come as too much of a shock, as grocery prices have been surging this year. Grocery prices jumped 10.8% for the year, not adjusting for seasonal swings, according to the BLS report. The $4.60-a-gallon price is roughly 50% higher than last Memorial Day weekend. One silver lining: Those who haven’t done their Memorial Day shopping yet can expect a discount compared to prices in late April and early May.
Source: CNN May 29, 2022 22:44 UTC