It’s that time of year again when Americans are stocking up on ingredients for Thanksgiving dinner — but many are facing higher prices for their holiday staples.
The U.S. Consumer Price Index rose 3 percent in September, compared to a year earlier, according to the Bureau of Labor Statistics’ latest report. Grocery prices in particular climbed 2.7 percent from 2024, meaning many Americans will be forking over more for that holiday shopping basket.