Business Halloween candy is more expensive this year

Halloween candy is more expensive this year

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This is not a trick. The cost of Halloween treats is way up in 2022.

For example, the price of Skittles is up 42% from last year, according to analysis by data assembly

And if you want a juicy Starburst blast, be prepared to pay 32% more.

Related: Your Halloween Candy Will Be Smaller This Year (And Not Just Because Of Inflation)

Rising candy costs for consumers

Americans will spend $3.1 billion worth of candy this Halloween. But thanks to rising inflation, candy — like pretty much everything else these days — is more expensive. Look at these price increases, thanks to Axios:

Candy is not even spared from the misery in the supply chain. Starburst, made by Mars Wrigley, gets its sugar from the Caribbean, but hurricane season caused freight delays.

But despite the rise in candy costs, American consumers are still planning to grab a big sweet bite. According to an questionnaire from the National Confectioners Association, 82% of Americans are celebrating Halloween this year, and are expected to spend 48% more on candy.

Ahead of the surge, companies like Walmart and Lowes have prepared for Halloween by order more products and fill the shelves early.

Inflation damn it. Trick-or-treaters are sweet on candy.

Shreya Christinahttp://ukbusinessupdates.com
Shreya has been with ukbusinessupdates.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider ukbusinessupdates.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

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