Burger prices are up. But your barbecue could still be relatively cheap
CNN
The prices for burger patties, buns and ketchup are high. But even with the increases, a home-grilled burger could end up being less expensive this year, thanks to steep discounts.
Burger patties, buns and ketchup prices are high. But even with the increases, your home-grilled burger could end up being relatively inexpensive this year thanks to steep discounts offered by retailers vying for budget-conscious customers. In recent months, grocery prices have stayed flat and even started to fall. But some grilling staples are more expensive compared to last year. In the 12 months through April 21, ground beef prices rose 6.4% by volume compared to the period from a year earlier, according to US retail sales data from Circana. Packaged hamburger and hot dog bun prices were up 7% while potato chips were up 6.9%. Condiment prices saw a sharper jump with ketchup rising 8.9%, hot sauce increasing 7.6% and regular barbecue sauce spiking 14.6%. Some items had modest increases, like hot dogs, which went up by 1.4%. But the increases don’t take into account the year’s many Memorial Day deals.