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Halloween candy prices jump, with some packs up nearly 40%
Chron • • business
Key Points:
- Popular candy packs, including sour gummies and chocolate bars, have increased in price by more than 15% over the past year due to factors like tariffs and the war in Iran.
- Texas families are feeling the impact of rising costs, leading to an 11.7% decline in candy sales as of mid-September, according to NielsenIQ.
- Consumers are prioritizing essential expenses such as fuel, housing, clothing, and food, resulting in reduced spending on non-essential items like Halloween candy.
- According to Chris Costagli of NielsenIQ, many consumers are not just deterred by higher candy prices but are financially unable to purchase candy due to increased costs in other areas.
