inflation challenges

The President of the Connecticut Food Association explains it’s the Thanksgiving sides that are driving up the cost of your meal this year.

Sen. Rob Sampson (R-Wolcott), ranking member of the Housing Committee, explains why he opposes a bill that would cap annual rent increases.

 Eggs are served in any style at the Little Cake Cafe in Newington.  “We go through about six to eight cases, which has 30 dozen in the case,” Owner Vangjel Gjoni said.  On a weekly average, the restaurant uses upwards of 2,000 eggs. Over the last few months, Gjoni’s seen the price of cases almost triple.  “It was slowly...

Ekonk Hill Turkey Farm is getting ready for its busiest week of the year and the owners are seeing high demand. “We are finding that we are busier than ever with turkeys,” said Rick Hermonot, co-owner of the Moosup-based farm. The Hermonot family has been raising turkeys for 25 years. This year, between this week and Christmas, they expect to…

Just like everything else, inflation is increasing costs for Connecticut turkey farms, and that means local turkeys will be more expensive this Thanksgiving.

This year’s Thanksgiving dinner is expected to cost more. Overall food prices are up 10.9%, according to the U.S. Bureau of Labor Statistics.

This year’s Thanksgiving Dinner will be costly. “It doesn’t matter what you are going for. Your bill is going up, skyrocketing,” shopper Cindy Savage said.  The National Grocers Association said high food prices continue to be impacted by many factors, including the high cost of fuel, and a labor shortage. At Tops Marketplace in Southington, Owner John Salerno said...

Let’s face it, we’re all impacted by inflation. High prices make it easy to reach for a credit card or miss a payment, but experts warn consumers that compounding your debt can make your potentially frustrating and stressful financial situations even worse. Money Management International (MMI) is one of the organizations that can lend a hand. It’s the largest...

Egg prices have sky-rocketed since the spring, and depending on where you buy them, there are a number of reasons why. Whether you get your eggs from the grocery store or a local farm, the average cost per dozen has increased since the beginning of the year. “People are feeling it,” said Wayne Pesce, president of the CT Food Association….

Just like many other items at the grocery store, egg prices have dramatically increased as inflation remains high.

A thrift store in Ansonia is giving 100% of its profits to families trying to get back on their feet.

Restaurant industry experts say they’re still hopeful new federal aid will become available to help them get back to where they were pre-pandemic.

Summer is winding down and students in Connecticut are preparing to return to the classroom. Back-to-school shopping is underway and surging inflation is taking a toll on families. According to the National Retail Federation, families with children in elementary through high school plan to spend an average of $864 on school items. Compared to 2019, back-to-school shoppers are expected to…

Back-to-school shopping will cost more this year as a result of growing inflation. Community groups are holding drives and organizing special events to counteract the high cost.

Inflation and increasing interest rates are causing household debt to rise.

Interest rates are on the rise. In an effort to combat high inflation, the Federal Reserve raised interest rates by three-quarters of a percentage point.

As inflation impacts the price of pretty much everything, dental service costs have soared, too. It’s putting a financial strain on patients and those treating them. “During the beginning of the pandemic, nobody was getting routine care,” said Bryanne Chandler, a doctor of dental surgery who practices in Colchester and Kensington. At the time, dentist visits were limited to...

Costs for dental services have soared thanks to inflation.

“Butter is really expensive. I never really paid attention and now, it’s like so much more,” said Pat Downs of Granby, while loading her groceries into her car in West Hartford. Even bread and butter items at the grocery store are more expensive these days. Our wallets have all felt it. Prices of almost everything are soaring, and new...