Supplying candy to your neighborhood trick or treaters hit your wallet harder this year.
I'm J.D. Durkin, reporting from the New York Stock Exchange. Here's what we're watching on TheStreet today.
Meanwhile, as if inflation wasn't already spooky enough, you can add that bag of M&M's to the list of things getting more expensive. One of the biggest factors in driving up the price? Weather. Heavy rains in the Ivory Coast, which accounts for over 40 percent of the global cocoa supply, have led to limited production. As a result, cocoa prices are trading at a 44-year high. This has led Hershey to raise its prices by 7 percent or more in each of the last 7 quarters.
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For the second Halloween in a row, US candy inflation hits double digitsFor the second year in a row, U.S. shoppers are seeing double-digit inflation in the candy aisle.
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For the second Halloween in a row, US candy inflation hits double digitsFor the second year in a row, U.S. shoppers are seeing double-digit inflation in the candy aisle.
Lire la suite »
For the second Halloween in a row, US candy inflation hits double digitsFor the second year in a row, U.S. shoppers are seeing double-digit inflation in the candy aisle.
Lire la suite »
For the second Halloween in a row, U.S. candy inflation hits double digitsWeather is the main culprit for the higher prices, while cocoa prices are trading at 44-year highs.
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For the second Halloween in a row, US candy inflation hits double digitsSpooked by the high price of Halloween candy? There’s not much relief in sight.
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For the second Halloween in a row, US candy inflation hits double digitsFor the second year in a row, U.S. shoppers are seeing double-digit inflation in the candy aisle.
Lire la suite »