Aldi offers Thanksgiving meal for 10 people for less than $50

Aldi is unveiling its lowest-priced Thanksgiving spread in five years, with the discount grocery chain possibly taking a page from the recent playbook of fast-food chains offering $5 value meals to entice price-sensitive Americans.

Aldi on Wednesday announced its "inflation-busting holiday meal" for 10 at a cost of $47.00, or $4.70 a person. Aldi's Turkey Day fare runs about two bucks less than an offer by its bigger rival, Walmart. 

U.S. inflation in September hit its lowest point since February 2021, reflecting lower gas prices and a small rise in food costs, prompting one analyst to declare inflation to be "dying, but not dead."