#Inflation #candy #yahoofinance
According to data company Klover, Halloween classics such as Reese’s, Hershey and Twizzlers are up well more than 10% this year. Yahoo Finance Anchor Dave Briggs gives details on October 25, 2022.
Link back:

Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:

Subscribe to Yahoo Finance:

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit:

Connect with Yahoo Finance:
Get the latest news:
Find Yahoo Finance on Facebook:
Follow Yahoo Finance on Twitter:
Follow Yahoo Finance on Instagram:
Follow Yahoo Finance Premium on Twitter: …(read more)

LEARN ABOUT: Investing During Inflation

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

Inflation is a financial phenomenon that is often overlooked by many people, but its effects are far-reaching and can greatly impact our everyday lives. One area where inflation is currently making its presence known is in the candy industry. Prices for our favorite sweet treats are being pushed to frightening heights due to the rising cost of ingredients, labor, and transportation.

For many of us, enjoying candy is a simple pleasure that brings us joy and satisfaction. Whether it’s a chocolate bar, a bag of gummy bears, or a handful of lollipops, indulging in these sugary treats is a way to satisfy our cravings and lift our spirits. However, with inflation on the rise, the cost of producing these candies has also increased, causing manufacturers to pass on these higher costs to consumers.

One of the main drivers of the rising candy prices is the cost of ingredients. Sugar, cocoa, and other key components used in candy-making have all experienced price hikes in recent years. This is due to various factors such as poor weather conditions affecting crop yields, increased demand for these ingredients in other industries, and supply chain disruptions caused by the ongoing global pandemic. As a result, candy manufacturers are faced with the choice of either absorbing these higher costs or raising prices for their products.

Labor costs are another significant factor contributing to the increase in candy prices. As the minimum wage and labor costs continue to rise, candy manufacturers are finding themselves paying more for skilled workers to produce and package their products. This added expense is ultimately passed on to consumers in the form of higher prices at the checkout counter.

Furthermore, the transportation costs associated with delivering candies to retailers and customers have also risen. The price of fuel, shipping, and other logistical expenses have all increased, making it more costly for manufacturers to distribute their products. This has further added to the overall cost of producing and selling candy, leading to higher prices for consumers.

As a result of these various factors, candy prices are reaching frightening heights that are making it difficult for many people to indulge in their favorite sweet treats. Inflation is squeezing the budgets of consumers, forcing them to make tough decisions about where to allocate their limited funds. For some, cutting back on candy purchases may be a necessary sacrifice in order to afford other essentials.

In conclusion, inflation is having a significant impact on the candy industry, pushing prices to alarming levels that are causing concern among consumers. As the cost of ingredients, labor, and transportation continue to rise, candy manufacturers are finding it increasingly challenging to keep prices affordable for their customers. While enjoying a sweet treat may seem like a small pleasure in the grand scheme of things, the rising cost of candy serves as a sobering reminder of the broader economic challenges facing society today.