 Families will have to dig deeper into their wallets to enjoy an Independence Day barbecue. Food inflation is running at just about 4% annually. David Holt with the Texas-based Consumer Energy Alliance. The price of everything is going up. Eggs, milk, meat for that barbecue, charcoal for the barbecue. Steadily rising food prices have also caused a significant drop in traffic at restaurants. I'm Lisa Carton.