(Bloomberg) -- Subscribe to Bloomberg Benchmark on iTunes Podcasts
Subscribe to Bloomberg Benchmark on Pocket Casts
Falling food prices may be good for your Thanksgiving tab this year, but they're doing a number to the U.S. economy. Food commodity prices have fallen over 20 percent from early 2015, helping to keep inflation at bay and wages stagnant, according to a research note from Goldman Sachs. As prices have fallen, the cost of eating out has stayed the same - what gives? This week, co-hosts Kate Smith and Dan Moss are joined by Al Di Meglio, the chef behind buzzy new South Williamsburg restaurant Barano, to talk about what falling food prices mean for the notoriously difficult restaurant business.
SoundCloud: 61: Thanksgiving Will Be Cheaper This Year and That's Not Good by Bloomberg
To contact the authors of this story: Kate Smith in New York at ksmith304@bloomberg.net, Daniel Moss in New York at dmoss@bloomberg.net.
To contact the editor responsible for this story: Sara Patterson at spatterson33@bloomberg.net.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
