After years of rising food prices, the cost of pantry staples has stabilized, with fresh turkey prices expected to be about 12% lower than five years ago.
Many popular holiday side dishes and desserts have undergone double-digit price increases, highlighting significant cost pressures despite some stabilization in prices overall.
It's a bit of a good news, bad news situation: prices haven't increased, but they haven't significantly decreased either, leading to continued pressure on consumers.
Consumer choices, whether they buy generic versus brand name or local versus imported products, will ultimately affect their holiday meal prices.
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