In the article “That Dinner Tab Has Soared, Here Are All the Reasons,” it discusses how inflation has heavily affected the food and beverage industry. Inflation has affected every aspect of the economy, from food costs to employment,labor, etc. Bruce Moffet,who is the owner of “Good Food”, is experiencing major changes in his business for these similar reasons. Due to the pandemic, Mr. Moffet had to increase the prices on his menu because of the staggering food prices. In 2019, a beef strip loin cost $9. Fast forward to 2022, and that same beef strip loin now costs $14. To add on, the cost of pork has risen from $4 to $6. Mr. Moffett expresses that the shortage of truck drivers,factory workers, and field workers has contributed to the soaring prices. Not to mention, war and climate change are also affecting the distribution of products. As the demand for fresh meats and produce increases,so will the prices.

In my opinion, it is unfortunate that businesses have to find a way to budget not only the cost of food but also labor, utilities, equipment, etc. to keep their business thriving. As for consumers, eating out is becoming too expensive, and so is buying groceries. All in all, inflation is affecting everyone, and hopefully one day there will be a solution to resolve this issue