The study also includes the Gingerbread index, which is perhaps a better known barometer of holiday food prices. This year, it’s showing a 5.5% increase in the cumulative price of wheat, sugar, butter, eggs, ginger and cassia. Sugar (up 18.3% year over year) and egg prices (up a jaw-dropping 97.5% from a year ago) were the cause for the price surge, as wheat and butter are both cheaper this year.
Friday, December 20, 2024
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