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Cost of Candy Just Soared by the Most Ever Right Before Halloween

Published 10/13/2022, 10:56 AM
Updated 10/13/2022, 11:18 AM
&copy Bloomberg. Mars Inc. and Hershey Co. brand Halloween candy is displayed for a photograph beside a pumpkin themed treat bucket in Tiskilwa, Illinois, U.S., on Sunday, Sept. 20, 2020. Costume-sellers appear to be facing one of their scariest fall seasons in a long time, even as confectioners could see sales hold steady from past years, with some candy brands even expecting an uptick. Photographer: Daniel Acker/Bloomberg

(Bloomberg) -- Giving out treats this Halloween will be a lot more expensive than usual.

The cost of candy and chewing gum jumped 13.1% in September from last year, the most ever, according to the latest US inflation data. This comes just before what’s arguably candy’s most important holiday — Halloween.

Sweets aren’t the only thing seeing a jump. US consumer prices rose by more than forecast to a 40-year high in September. The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982.

Read more: Core US inflation rises to 40-year high, securing big Fed hike

©2022 Bloomberg L.P.

© Bloomberg. Mars Inc. and Hershey Co. brand Halloween candy is displayed for a photograph beside a pumpkin themed treat bucket in Tiskilwa, Illinois, U.S., on Sunday, Sept. 20, 2020. Costume-sellers appear to be facing one of their scariest fall seasons in a long time, even as confectioners could see sales hold steady from past years, with some candy brands even expecting an uptick. Photographer: Daniel Acker/Bloomberg

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