You're Not Imagining It: Halloween Candy Is More Expensive This Year

Halloween candy, like everything else, is more pricey this year. Naturally, yes. If you stocked up for trick-or-treaters, the receipts may show a pricey trend.

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Retail price tracker Datasembly found that Halloween confectionery prices rose 13% in 2023 from October 2022. That's a big rise

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considering inflation has only raised regular groceries by 6%. It may be cheaper to give out chips or clementines this year, but is it worth it? 

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Maybe a 13% candy price rise is worrisome. This is the second year Halloween candy prices have risen by double-digits.

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According to PBS News, US candy and gum prices rose 14% in October 2022. Simple math reveals a 27% increase in two years (a $1 candy bar

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in 2021 cost $1.14 in 2022 and $1.29 in 2023). Despite that spooky price, trick-or-treating isn't likely to get cheaper.

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The Federal Reserve reports that rising cocoa and sugar prices are driving candy prices. Sugar prices have risen due to bad weather and

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lack of rain, especially in Brazil, India, and Europe. Droughts won't make it simpler to harvest more sugar, and rising freight and transportation

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Thanksgiving is approaching, and Americans may be cognizant of their holiday expenditures. Grocery inflation is nationwide due to USDA food price rises beyond historical averages.

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