Christmas meals will take a bigger bite out of your budget this year, according to a recent report.
The holiday dinner grocery basket is estimated to cost an average of $60.29, according to data from Datasembly.
That’s 16.4% higher than last year’s basket when comparing the same exact basket of goods. It’s also double the year-over-year increase reported last year at 8.2%, according to the retail data firm.
For its analysis, Datasembly analyzed the year-over-year price differences for 13 unique products across four major retailers — Albertsons, Kroger, Target and Walmart. All the products increased in price, but the firm noted that there were fluctuations depending on which food category the product belongs in.
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