Less boo for your buck: For the second Halloween in a row, US candy inflation hits double digits
1 year, 1 month ago

Less boo for your buck: For the second Halloween in a row, US candy inflation hits double digits

Associated Press  

Spooked by the high price of Halloween candy? 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. “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. “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.

History of this topic

Grocery inflation rises as supermarket trips hit four-year high
1 month, 1 week ago
Why you’re seeing scary-high chocolate candy prices this Halloween
1 month, 3 weeks ago
Rich cocoa prices hitting shoppers with bitter chocolate costs as Easter approaches
9 months ago
Reese’s Cups, M&Ms, Hot Tamales: Here's a list of ‘most popular’ Halloween candies across US states
1 year, 2 months ago
Hershey warns it won’t be able to meet demand for Halloween candy this year
2 years, 4 months ago

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