Business · Economy · 4 hrs ago

Halloween candy prices rise as Americans plan $4.1 billion in spending

Halloween candy prices rise as Americans plan $4.1 billion in spending

Candy prices rose 7.7% over the year through September, more than twice the overall inflation rate of 3.7%.

A separate measure found that the average 100-piece bag costs 71% more than five years ago.

Even with higher prices, Americans are expected to spend $4.1 billion on Halloween candy this year, as part of $13.5 billion in total Halloween spending.

The National Retail Federation says 96% of Halloween shoppers plan to buy sweets.

Rising costs for essentials are shaping household budgets, so some shoppers plan to compare prices or use coupons and sales.

Candy makers and retailers are offering different package sizes and seasonal promotions to give people options at various price points.

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What people are saying

Allison ZellerNRF vice president of industry and consumer insights
Consumers continue to make Halloween a spending priority, but they are also approaching the season with affordability in mind.
via Fox News
Chris CostagliNIQ vice president of food and beverage thought leadership
Consumers continue to make room for Halloween. What’s changing is how they participate,
via Fox News