The price of candy and chewing gum reached its highest recorded mark last month as “Bidenflation” began to hit the Halloween season.
Prices for the sweets rose 13.1% in September, according to federal government figures.
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Record levels of inflation, the rising cost of sugar, and drought conditions have all added up to make lighter loads for trick-or-treaters come Oct. 31, according to a report.
Sugar and sweets alone have seen a price increase of 14.4%, the Bureau of Labor Statistics reported, and the cost of snacks soared by 14.7%.
Still, the National Retail Federation predicts that families will spend over $10.6 billion on Halloween candy, cards, and decorations.
The $10.6 billion mark would set a new record, but it would also come as families shell out more money for brands like Hershey, Nestle, and Mars, whose prices have all increased significantly.
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Overall prices for Hershey, the makers of Reese’s, Kisses, Kit Kats, and Twizzlers, rose 14% this summer.
