Halloween Candy Prices Take a Scary Bite Out of Shoppers' Budgets - CNET
If you can’t afford a trip to a haunted house this spooky season, just swing by the supermarket candy aisle for a nasty scare. The price of sweets jumped over the last few years, soaring even faster than the average inflation rate, according to a recent report from the US Bureau of Labor Statistics, with higher ingredient costs as the primary villain.
October is important for candy sales, as shoppers stock up for parties, trick-or-treaters, or — let’s be honest — personal consumption.
“The biggest purchasing days are still ahead, with about 35% of Halloween seasonal sales expected this week,” a Hershey Company spokesperson told CNET.
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Chocolate treats have become especially expensive, as a recent global cocoa shortage squeezed the market while candy companies were preparing shipments for Halloween.
But despite chilling prices, chocolate is still making its way into Halloween bags and buckets.
“Trick-or-treat participation intent...
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