U.S. Halloween candy prices up 13 pct amid high inflation-Xinhua

U.S. Halloween candy prices up 13 pct amid high inflation

Source: Xinhua

Editor: huaxia

2022-10-20 15:57:32

Dancers from a Mexican dance troupe are seen during a parade to celebrate the Halloween in downtown Chicago, the United States, Oct. 30, 2021. (Photo by Joel Lerner/Xinhua)

Sweets of all kinds are costlier than last year, driven by sharp increases in the prices of sugar and flour, the NPR said.

WASHINGTON, Oct. 20 (Xinhua) -- A recent inflation report from U.S. statistics authorities showed Halloween candy prices have risen 13.1 percent over last year, the largest yearly jump on record, National Public Radio (NPR) reported.

The U.S. Bureau of Labor Statistics report also revealed that candy prices have risen 2 percent since August, one of the largest monthly increases across food, the NPR reported on Sunday.

Americans collectively are estimated to spend 3.1 billion dollars on candy this season, said the U.S. National Retail Federation, an industry trade group.

In addition, sweets of all kinds are costlier than last year, driven by sharp increases in the prices of sugar and flour, the NPR said.

U.S. inflation overall has remained stubbornly high despite the Federal Reserve's consecutive rate hikes. The country's consumer inflation in September surged 8.2 percent from a year ago. 

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