Rising prices, coupled with a post-pandemic surge in interest in Halloween, is expected to send holiday sales to a record-breaking level.
Haley Smilow Cronkite News The only thing scarier than ghosts, ghouls and goblins this Halloween may be the rising prices for candy, costumes and pumpkins.
The largest chunk, $3.6 billion, will be spent on costumes, according to the NRF survey, which said an estimated $700 million of that is expected to go to pet costumes. Ott and other retailers said they have had to raise prices to keep pace with the increase in costs. That’s what is happening to Reese Walford, the owner of Candy Addicts in Tempe, who said he has also had to raise prices to cover higher costs for his inventory.
On Mortimer Farms in Dewey and Apple Annie’s Orchard in Wilcox, pumpkins prices have not gone up despite higher costs for seeds, water, fertilizer and labor. Both farms hesitated to raise pumpkin prices, opting to increase admission costs, fruits and vegetables, or other products instead.
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