How is the inflation affecting Thanksgiving?

Thanksgiving is one of the best times for us. Has the global economy started to pinch it as well?

Background

Thanksgiving is one of the most important celebrations and events in many parts all over the world. However, the economic downturn have created a situation that has made celebration during the Thanksgiving nearly a luxury. Hence, it is important to understand how celebration in Thanksgiving will cost us financially, and how it compares to the expenses that we make compared to other years. During these times of inflation, the average cost of Thanksgiving meal is currently up 20% as compared to last year, according to the American Farm Bureau Federation's yearly survey.