EAU CLAIRE, Wis. (WLAX/WEUX) – Those Halloween treats are playing mean tricks again this year, on your budgets. Retail price-tracker “Datasembly” says consumers who dole out those special Halloween treats in the neighborhood are paying double-digit inflation prices for the second year in a row.
Candy and gum prices on average are up 13% this month compared to the same time last year. And that’s adding to the 14% price increase on those treats last October.
Market research firm “Numerator” says some consumers are planning to turn to value or store-made brands for candy. Weather is to blame for the price hikes.
For chocolate, cocoa prices are at 44-year highs because of heavy rain in West Africa, which has affected production. Also, global sugar prices are at 12-year highs.