Overview
- A Joint Economic Committee Democratic analysis shows the cost of a 10-person Fourth of July grocery trip climbed at a 12.7% annualized rate since April’s beer import and empty-can tariffs and the June aluminum increase.
- Six-packs of Miller Lite and Coors Light each surged more than 13% in price following the April tariff on beer imports.
- Imported beers such as Peroni Nastro Azzurro and Modelo Especial registered price increases of roughly 10.5% and 9.5%, respectively, in the same period.
- Higher aluminum duties fueled sharp equipment cost hikes, with Amazon listings for outdoor chairs up 47.7% and griddle accessory kits up 17.7% since early April.
- A Rabobank May report confirms average barbecue spending topped $100 for the first time, driven by rising beef prices and sustained food inflation.