Holidays

The cost of holiday baking was higher in 2022, as prices for eggs were up 49.1% over 2021, according to the Consumer Price Index. (Photo by Brandon Bell/Getty Images)

Here’s why food prices remain stubbornly high even as inflation cools

BY: - December 13, 2022

Shoppers hoping for a little relief at the grocery store for their holiday meals will be disappointed by the Consumer Price Index released Tuesday. The CPI shows inflation cooling but food prices — particularly for some holiday staples — remain high. The CPI increased 0.1% in November, which was lower than some economists expected. Over […]