Price for US consumers jumped 6.2% in October as American households faced the highest inflation rate since 1990. The year-over-year increase in the consumer price index exceeded the 5.4% rise in September, the Labor Department said on Wednesday. The prices jumped 0.9% from September to October.

The jump in inflation is making Thanksgiving meals and holiday gifts purchases for the Americans who are in the midst of planning year-end travel difficult.

Grocery prices have climbed 5.4% in the past year, making Thanksgiving meals much costlier. The price of beef roasts rose 25% from a year ago. Bacon, on the other hand, is up 20%.

After the consumer price index climbed in October, Joe Biden said that it hurts Americans’ pocketbooks and reversing it is their top priority.

“Inflation hurts Americans pocketbooks, and reversing this trend is a top priority for me,” Biden said in a statement.

“The largest share of the increase in prices in this report is due to rising energy costs,” Biden said. However, he maintained that natural gas prices fell since the October reports were collected.

“I have directed my National Economic Council to pursue means to try to further reduce these costs, and have asked the Federal Trade Commission to strike back at any market manipulation or price gouging in this sector,” Biden added.

The current administration attributed higher meat prices to consolidation in the meat-packing industry.

As the data came, many Republicans in Congress blamed President Joe Biden’s $1.9 trillion financial aid package for the ever-rising inflation. Biden’s financial aid package was approved in March.

The additional stimulus checks and enhanced unemployment aid, they argue, drove demand beyond what the economy could produce.

The energy costs in the past year have jumped a 30%, with gasoline soaring nearly 50%. A gallon of gas, on average, was $3.42 nationwide on Tuesday, according to AAA. That’s up from just $2.11 a year ago.

Natural gas prices are also climbing and so is heating oil. The Energy Information Administration forecasts that these increases will bite hard this winter, with Americans expected to spend 30% more on natural gas and 43% more on heating oil.

(With inputs from Associated Press)