The price of hamburger increased to a new record, $4.23 a pound, jumping 22 percent in the last year, according to the Bureau of Labor Statistics. Official inflation remains low. But five years ago, a pound of ground beef was just $1.96 a pound.

The price of hamburger increased to a new record, $4.23 a pound, jumping 22 percent in the last year, according to the Bureau of Labor Statistics. Official inflation remains low. But five years ago, a pound of ground beef was just $1.96 a pound.