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2 weeks ago

Hosting a Memorial Day cookout? Here's how much it could cost

Americans who are planning to grill this Memorial Day weekend are likely to see prices notably higher for a number of barbecue staples as persistent inflation squeezes household budgets.The Bureau of Labor Statistics' most recent consumer price index (CPI) inflation data from April showed that prices have risen significantly compared with a year ago for several popular dishes at cookouts – with burgers and steaks experiencing a notable jump.Ground beef prices have risen 14.5% over the last year, while the cost of a steak is 16.1% higher in that period. U.S. cattle inventories have sunk to the...