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For the second Halloween in a row, US candy inflation hits double digits

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% in October. That’s on top of a 14% increase in candy and gum prices in October 2022. Weather is the main culprit. Cocoa prices are trading at 44-year highs after heavy rains in West Africa caused limited production in the season that began last fall. Now, El Nino conditions are making the region drier and are likely to linger well into the spring. ...
United States Coted Ivoire Ivory Coast Dan Sadler Kelly Goughary El Nino

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double digit inflation: Halloween candy prices haunted by weather woes, soaring to spine-tingling heights

Consumers are adapting to these price hikes in various ways. Some, like Jessica Weathers, a small business owner in Shiloh, Illinois, are finding the costs to be extravagant. Weathers, who typically purchases candy for trick-or-treaters and school and church events, has reduced her purchases significantly this year, expressing disbelief at spending $100 on candy. She even plans to turn off her porch light on Halloween once her limited candy supply runs out.
United States Coted Ivoire Ivory Coast Kelly Goughary Dan Sadler Hershey Co

Less boo for your buck: For the second Halloween in a row, US candy inflation hits double digits – Metro US

Spooked by the high price of Halloween candy? Thereโ€™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 […]
Coted Ivoire United States Ivory Coast El Nino Dan Sadler Kelly Goughary
Source: metro.us

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