Inflation directly attacks Halloween

0
0
Inflation directly attacks Halloween

This Tuesday will be the Halloween holiday and it seems that it is not cheap to participate in this celebration. Inflation has directly attacked this tradition in North America, making it difficult to deliver sweets that scream ‘Trick or treat’.

As reported by elEconomista.es, this year keeping the children of the neighborhood happy will cost less. And this is because the price of jelly beans has increased significantly this year. In particular in the United States, they increased their prices by 13% compared to last year.

One of the reasons why sweets have become expensive is the price of sugar. This product is at its highest level in the last 12 years. And the reason is that India – the second largest producer of sugar in the world – has banned exports due to the lack of this raw material. In addition, production in Thailand also decreased.

Read Also:  It's not Chinese, but it's one of the cheapest: The most economical hybrid sedan for the rest of 2023

So these factors are the reason for the increase in the price of all products that contain sugar as an ingredient. The media mentioned above provides a clear example of inflation: Aldi offers a package of 250 Mars brand chocolate bars for $24.98 – about 23.65 euros. Two years ago the same product cost 19.54 dollars -18.48 euros-.

Halloween in Spain

In our country, celebrating Halloween has become more expensive. Buying a costume costs about 20 euros more than other years. But there are 7.2% of the population willing to spend more than 50 euros on one.

Although in Spain the most common of the Day of the Saints are buñuelos and panels in Catalonia and Aragon. And they raised their prices too.

Read Also:  Amidst the reports of the increase in withholdings, Mondino said that lowering it is inflationary