Memorial Day 2022: Food prices rise ahead of holiday grill outs

Yahoo Finance published this video item, entitled “Memorial Day 2022: Food prices rise ahead of holiday grill outs” – below is their description.

#MemorialDay #inflation #Foodprices #YahooFinance

Yahoo Finance anchors Akiko Fujita, Brian Cheung and Brooke DiPalma discuss inflation in food, retail, and gas prices ahead of Memorial Day weekend.

Yahoo Finance YouTube Channel

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In This Story: Brian Cheung

Brian Cheung is an on-air reporter covering the Federal Reserve, economics, and banking for Yahoo Finance. He previously wrote for S&P Global Market Intelligence and, prior to that, worked at the Federal Reserve.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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