China Business News 2022-11-24 09:22:31
Editor in charge: Zhu Mengyun
Food prices rose due to inflation, according to data released by the American Farm Federation. The average cost of a holiday meal in an American family will increase significantly compared to last year. At the same time, rising costs such as energy prices and rent are squeezing people’s disposable income. A poll released by the US media on the 22nd showed that 70% of the respondents plan to cut food expenses during the festival.
U.S. poll: 70% of respondents plan to cut holiday food spending
Food prices rose due to inflation, according to data released by the American Farm Federation. The average cost of a holiday meal in an American family will increase significantly compared to last year. At the same time, rising costs such as energy prices and rent are squeezing people’s disposable income. A poll released by the US media on the 22nd showed that 70% of the respondents plan to cut food expenses during the festival.