Boo! Halloween Product Prices Have Surged This Year
Prices of staple Halloween products such as candy and costumes have increased in the U.S. in 2024, according to data analyses. While U.S. inflation dipped down slightly in September, many consumers are still concerned…
Prices of staple Halloween products such as candy and costumes have increased in the U.S. in 2024, according to data analyses.
While U.S. inflation dipped down slightly in September, many consumers are still concerned over high Halloween-related prices. Many holiday shoppers have turned to buying less expensive types of Halloween candy amid record-high chocolate prices, according to The Wall Street Journal.
Total Halloween spending this year is expected to reach $11.6 billion, according to a survey from The National Retail Federation (NRF) conducted by Prosper Insights & Analytics.
The most expensive Halloween candy this year is 3 Musketeers, with an average current price of $0.79 per ounce, according to data from CouponFollow. The price of chocolate candy has jumped to 43% this year, while some other varieties of candy experienced a 20% price increase this year, according to CouponFollow.
Global sugar and cocoa prices have “skyrocketed,” with chocolate prices rising 17% in the US over the past two years, according to an Oct. 24 press release from Euromonitor International. Halloween products were released in stores much earlier than expected this year in an attempt to give holiday shoppers additional time to shop and budget, according to the press release.