Spooked by the high price of Halloween candy? There’s not much relief in sight. For the second year in a row, U.S. shoppers are seeing double-digit inflation in the candy aisle.
Candy and gum prices are up an average of 13% this month compared to last October, more than double the 6% increase in all grocery prices, according to Datasembly, a retail price tracker. That’s on top of a 14% increase in candy and gum prices in October 2022. “The price of candy has gotten to be outrageous,” said Jessica Weathers, a small business owner in Shiloh, Illinois. “It doesn’t make sense to me to spend $100 on candy.
Kelly Goughary, a senior research analyst with Gro Intelligence, an agricultural analytics firm, said Ivory Coast — which produces around 40% of the world’s cocoa — is already showing the signs of one of its worst droughts since 2003. Meanwhile, global sugar prices are at 12-year highs, Goughary said. India, the world’s second-largest sugar producer after Brazil, recently banned sugar exports for the first time in seven years after monsoon rains hurt the upcoming harvest.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Halloween spending expected to exceed $12 billion this yearAn estimated 73% of Americans will celebrate Halloween or participate in Halloween activities this year.
Read more »
Cabbage, nuts once got more attention than candy in Fort Worth Halloween celebrationsCabbage, unshelled nuts, chestnuts were once the focus during fall in Fort Worth. Trick-or-treaters got more attention after the 1940s.
Read more »
An unofficial ranking of the best Halloween candyOh, Halloween candy. Isn’t it just the best?
Read more »
Halloween Caramel Apples: an easy, fun treat amid the candyThere is a slightly weird irony to the fact that around Halloween, we tend to look for recipes for seasonal sweets, even as we prepare for an onslaught of candy.
Read more »
Love it or hate it, feelings run high over candy corn come HalloweenCruel joke for trick-or-treaters or coveted seasonal delight? The great Halloween debate over candy corn is on.
Read more »
An unofficial ranking of the best Halloween candyOh, Halloween candy. Isn’t it just the best?
Read more »