With one month until Thanksgiving and the start of the winter holiday season, Americans are already eyeing grocery prices to gauge how much their festive gatherings are going to cost this year.
Experts are encouraging consumers to start making shopping plans early for the holiday feast with a budget in mind, especially with inflation still putting the pinch on wallets at check out.
John Furner, president and CEO of Walmart U.S. -- the largest retailer in the country -- joined "Good Morning America" last Wednesday and, in an ABC News Exclusive, revealed Walmart's new"Last Thanksgiving we decided we were going to sell a Thanksgiving meal at the same price as 2021," Furner said of the strategy they implemented across other major holidays.
Inflation is up 3.7% from a year ago and, according to Moody's Analytics, American households are spending $235 more per month on the same goods and services than they spent a year ago.Egg prices"Last year, bird flu caused panic with over 60 million birds having to be cold now, so far it's only hit about 180,000 birds," Lempert said. "It could be that turkey is gonna be less expensive this year than in previous years.
Other retailers including Aldi have announced savings up to 50% on a list of 70 Thanksgiving items, including gravy, potatoes and pumpkin pies.
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