Candy prices surge ahead of Halloween
It’s not scary costumes that are frightening some people this Halloween…it’s the price of candy!
Shoppers are experiencing double-digit inflation in the candy aisle for the second consecutive Halloween.
Candy and gum prices have risen by an average of 13% this month compared to last October, driven primarily by adverse weather conditions affecting cocoa production in West Africa.
Cocoa prices are trading at 44-year highs after heavy rains disrupted production last fall.