The rise in the national average for the price of candy and gum far exceeded the average for all groceries after inflation hit the sector hard, according to Datasembly.
The national price for candy and gum rose 12.8% from October 3, 2022, to October 7, 2023, while the index for the entire grocery category only rose 6.7%, according to data compiled by Datasembly. Despite the big increase, it was still less than the same time period from the previous year, which saw a 19.9% increase year-over-year, which this year’s increase compounded on top of. (RELATED: Biden’s Green Agenda Is Making Every Part Of Owning A Home More Expensive, Watchdog Says)
“In an economy where shoppers are becoming more selective and careful with their dollars, manufacturers are hoping that candy maintains its strong position with consumers’ discretionary income,” Datasembly said in its report. “Our…
