November 22, 2024

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Trick-or-treating will cost 13% more this year

Trick-or-treating will cost 13% more this year

Keeping live ghouls happy this year will cost you a bit more, as candy prices have posted their highest jump ever this year.

price for candies By 13.1% compared to last Halloween, according to The latest inflation report from the Bureau of Labor Statistics. How big is this jump? Basically, add up all the increments from 1997 to 2006 and they’re roughly on par.

Inflation, of course, affects all areas of consumer spending – but it could be Halloween sunflower test for the upcoming holiday seasons. The National Retail Federation Americans say they will spend $10.6 billion on Halloween this year.

This is more than just candy. It also includes costumes and garden decorations, which have become increasingly popular in the past few years. The group says the average consumer will spend $100 this year, slightly less than $103 last year.

If that’s true, it might be a sign of that, though Rising pricesConsumers are still willing to splurge a bit for the holidays.

separate Study from CandyStore.com Candy spending is expected to reach $3.1 billion this Halloween. And if so, what will people spend? A look at 15 years of historical data through the website shows that the most popular foods are Reese’s Cups, Skittles, M&Ms, Starburst, Hot Tamales, Sour Patch Kids, Hershey Kisses and Snickers and Tootsie Pops and Candy Korn (really, folks?)

Most states, as you might expect, focus on fun-sized bars, with the occasional “cool” house. But in Oregon, full-size candy bars are the norm for trick-or-treaters, says CandyStore.com.

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