Americans are still excited to celebrate Halloween despite growing inflation.
The Halloween Spending Survey conducted by the National Retail Foundation revealed that consumers would spend $100.45 billion on the event last year.
For the second consecutive year, American shoppers are confronted with double-digit inflation in the candy section.
Compared to last October, prices for candies and gums have surged by an average of 13% this month. This is more than twice the 6% uptick observed in overall grocery prices, as reported by Datasembly, a retail price tracking entity. This follows a 14% increase in candy and gum prices in October 2022.