Share this @internewscast.com

Spooked by the high price of Halloween candy? There’s not much relief in sight.

For the second year in a row, U.S. shoppers are seeing double-digit inflation in the candy aisle. Candy and gum prices are up an average of 13% this month compared to last October, more than double the 6% increase in all grocery prices, according to Datasembly, a retail price tracker. That’s on top of a 14% increase in candy and gum prices in October 2022.

“The price of candy has gotten to be outrageous,” said Jessica Weathers, a small business owner in Shiloh, Illinois. “It doesn’t make sense to me to spend $100 on candy.”

Weathers said she usually buys plenty of candy for trick-or-treaters and events at school and church. But this year, she only bought two bags and plans to turn off her porch light on Halloween when she runs out.

Other consumers are changing what they buy. Numerator, a market research firm, said its surveys show about one-third of U.S. consumers plan to trade down to value or store brands when buying candy for trick-or-treaters this year.

Weather is the main culprit for the higher prices. Cocoa prices are trading at 44-year highs after heavy rains in West Africa caused limited production in the season that began last fall. Now, El Nino conditions are making the region drier and are likely to linger well into the spring.

“There may be no price relief in sight, at least through the first half of 2024,” said Dan Sadler, principal of client insights for Circana, a market research firm.

Kelly Goughary, a senior research analyst with Gro Intelligence, an agricultural analytics firm, said Ivory Coast — which produces around 40% of the world’s cocoa — is already showing the signs of one of its worst droughts since 2003.

Meanwhile, global sugar prices are at 12-year highs, Goughary said. India, the world’s second-largest sugar producer after Brazil, recently banned sugar exports for the first time in seven years after monsoon rains hurt the upcoming harvest. Thailand’s output is also down.

Those costs, combined with increases for labor, packaging, and ingredients like peanuts, are pushing up prices for all kinds of candy.

Discount grocer Aldi is advertising a 250-piece variety pack of Mars Inc. chocolate bars — including Milky Way, Twix and Snickers — for $24.98. Two years ago, the same package was advertised at $19.54.

Hershey Co. — which has raised its prices by 7% or more in each of the last seven quarters —acknowledged this week that higher prices are taking a toll on demand. Hershey’s North American confectionary sales volumes fell 1% in the July-September period.

“We know that value and affordability continue to be top-of-the-line for consumers as budgets are stretched,” Hershey’s President and CEO Michele Buck said Thursday on a conference call with investors.

Buck said Hershey is trying to meet consumers’ needs with offerings in value stores and pack sizes at various price points.

Share this @internewscast.com
You May Also Like
Andrew Garay, US Army veteran and dad killed in Humboldt Park, Chicago shooting, remembered as selfless, hardworking

Honoring Andrew Garay: Selfless Army Veteran and Devoted Father Tragically Killed in Humboldt Park Shooting

A tragic shooting on Chicago’s Northwest Side has left a family mourning…
Well-known Texas attorney’s wife among victims of deadly private jet crash in Maine

Tragedy Strikes: Wife of Renowned Texas Lawyer Among Victims in Fatal Maine Jet Crash

Family and friends are grieving the loss of six individuals following a…
Jacksonville Beach musician finding her voice again after U.S. Supreme Court set her stalker free

Jacksonville Beach Musician Reclaims Her Voice After Stalker Release by Supreme Court

Coles Whalen, once an emerging talent in the music industry, found herself…
Sewage spill sends E coli surging in the Potomac River near DC

Massive Sewage Leak Triggers E. Coli Alert in Potomac River Near Washington, DC

The Potomac River is currently grappling with more than just turbulent waters.…
Minn. 'Antifa' member claims he's 'on the run' after calling for 'armed' men to confront immigration officials

Minnesota Antifa Member Claims Fugitive Status After Urging Armed Confrontation with Immigration Officials

A man from Minneapolis, who identifies as a member of “Antifa,” has…
Video shows teen thrown off e-bike at skate park; Jacksonville officer arrested

Attorney Defends Off-Duty JSO Officer’s Actions at Skate Park, Labels It a Crucial Public Safety Move

The attorney representing Officer Stephen Hicks has clarified that the child involved…
Judge orders ICE chief to appear in court to explain why detainees have been denied due process

Judge mandates ICE chief’s court appearance to address due process denial for detainees

In an unusual legal move, a federal judge has mandated the presence…
Times Square Billboard for ‘The Invisible Coup’ Delivers Terror-Funding Bombshell

Shocking Revelation on Times Square Billboard: ‘The Invisible Coup’ Exposes Terror Funding

A captivating digital billboard graces Times Square in New York City, showcasing…
Morning Minute: Home Now

Unlock Your Day: Transform Your Home Routine with These Morning Minute Tips

Tuesday, January 27, 2026 Good morning! Welcome to RedState’s “Morning Minute,” your…
'Mob mentality' endangers officers amid anti-ICE unrest and chaos in Minneapolis, retired cops warn

Retired Officers Warn of ‘Mob Mentality’ Threatening Law Enforcement During Anti-ICE Protests in Minneapolis

Experienced figures from law enforcement circles are sounding the alarm over a…
Chicago man Pierre Davis charged after allegedly shooting woman, at CPD on South Ingleside Avenue in Grand Crossing

Chicago Resident Pierre Davis Charged in Alleged Shooting Incident Involving Woman at CPD Office on South Ingleside Avenue in Grand Crossing

A Chicago man, 28-year-old Pierre Davis, is facing a series of serious…
Hyperemesis & Pro-Life Revelation - National File

Exploring the Impact of Hyperemesis on Pro-Life Perspectives

For countless women who endure Hyperemesis Gravidarum, the most acute form of…