Labor Market News

Taking a Look at New Year's Resolution

Taking a Look at New Year's Resolution

Happy New Year! With 2020 in the books, many people are aiming to start 2021 on the right foot by improving their lifestyle. Wanting to lose weight is a common resolution people make on New Year’s Day, as they begin to focus on their diet. Let’s look at changes in consumer prices over the past year for some of the foods many of us may have enjoyed a bit too much over the holiday season.


Consumer prices for snacks increased 4.8 percent from December 2019 to December 2020, followed by sugar and sweets (4.6 percent), cookies (4.3 percent), and ice cream and related products (4.0 percent).


 

Prices also increased for frozen and refrigerated bakery products (3.0 percent); fresh biscuits, rolls, and muffins (3.0 percent); cakes, cupcakes, and cookies (3.0 percent); and other bakery products (2.5 percent) for the year ended December 2020.

 

Source: U.S. Bureau of Labor Statistics, https://www.bls.gov/opub/ted/2021/taking-a-look-at-new-years-resolutions.htm
Note:  The data used here has been updated from the original article to reflect the most current numbers (December 2020)


Search Posts

Archived Posts