Candy prices are estimated to be 14% higher than last year, according to a recent report from S&P Global Market Intelligence. That’s the highest increase since the firm started tracking Halloween candy prices in 1999. “A 14% increase in candy prices is the largest on record by a significant margin,” Akshat Goel, senior economist at S&P Global Market Intelligence, told CNN. This year’s projected bump is twice the 7% jump recorded in 2008, during the financial crisis.
” Even so, people seem to be willing to shell out for candy this spooky season. Household spending on Halloween candy in the US is expected to hit $3.2 billion this year, according to S&P Global, a 1% increase over last year. The National Retail Federation, which partners with Prosper Insights & Analytics on an annual Halloween Consumer survey, found that 67% of respondents planned to hand out candy this year, up from 66% in 2021.
nmeyersohn CNN = 💩
nmeyersohn Spending 10Billion$ on Halloween decorations? How hollow, yet they also complain about the cost of food and gas. Go eat your gourds and stupid ghostly decorations
nmeyersohn Probably kids spending a large portion of their lives locked in in their homes makes them want to do stuff more?
nmeyersohn COUP D'ÉTATE IN BRAZIL IS HAPPENING NOW TSE FAZ ALGUMA COISA DEIXEM O NORDESTE VOTAR GOLPE DE ESTADO
nmeyersohn how typical. most Americans live above their means. which is why for this halloween i'm going to be that one neighbor that hands out pencils.
nmeyersohn That’s because candy prices are up 40%….
nmeyersohn Those numbers are flawed. It’s no wonder cnn has failed.
nmeyersohn At least you admitted to an INFLATION
nmeyersohn November 1st candy goes on sale! 😉
nmeyersohn Diabetes is as American as it gets
nmeyersohn I’ve spent $0.