Halloween Candy Inflation

What is the main challenge faced by candy manufacturers?

• Maintaining profit margins

• Keeping products affordable for consumers

• Dealing with candy inflation

• Increasing candy sales

What factors have contributed to the overall increase in candy prices?

• Decreased demand for candy

• Improved candy quality

• Rising cost of ingredients due to monsoons and drought

• Increased competition among candy manufacturers

What does candy inflation hitting double digits mean for consumers?

• Consumers are getting more value for their money

• Consumers are getting the same value for their money

• Consumers are getting less value for their money

• Consumers are not affected by candy inflation

Which ingredients have seen price increases?

• Sugar, cocoa, and nuts

• Flour, eggs, and milk

• Salt, pepper, and vinegar

• Butter, cheese, and yogurt

What has happened to candy prices in the United States for the second year in a row?

• They have remained the same

• They have decreased

• They have increased

• They have fluctuated

What is the average increase in candy and gum prices this month compared to last October?

• 6%

• 13%

• 14%

• 20%

Why are candy prices increasing?

• Decreased demand

• Higher labor costs

• Weather

• Decreased production

What percentage of U.S. consumers plan to buy value or store brands for trick-or-treaters this year?

• 10%

• 25%

• 33%

• 50%

Which country produces around 40% of the world's cocoa?

• Brazil

• India

• Thailand

• Ivory Coast

Why did India recently ban sugar exports?

• Decreased demand

• Monsoon rains

• Labor strikes

• Government regulation