BOO: Cost Of Halloween Candy Is Up 13% This Year.
UCLA supply-chain expert Professor Christopher Tang says candy is so expensive because of the cost of ingredients.
It’s also because these products are mainly made in the United States.
“The labor cost has gone up a lot because of inflation,” Tang said. “The workers need to have a higher income so that they can survive.”
“All the ingredients from wrapping paper to the basic ingredients like sugar, and also the cocoa beans that we have imported from Africa. So as a result, every single ingredient, element, and the wages are going up.”
According to the National Retail Federation, the average household will spend about $31.93 on candy this year – up from $25.91 last year.
All the smartest people had assured me inflation was over.