The cost of handing out candy to trick-or-treaters has surged dramatically under the Biden-Harris administration, highlighting the impact of inflationary policies pursued by the current White House.
Since President Biden took office nearly four years ago, the consumer price index for candy and chewing gum has climbed by around 22 percent—more than double the cumulative inflation rate seen during President Trump’s term.
This increase is higher than the combined inflation during both the Trump and Obama administrations.
Rising costs are prompting Americans to rethink their Halloween plans.
According to a survey by the Halloween & Costume Association, 53 percent of American consumers say inflation will affect their Halloween celebrations this year.
For many, cost is now the biggest factor in choosing a costume, underscoring how inflation is reshaping traditional family events.
Earlier this month, retailers Walmart and Aldi announced they are providing “inflation-free” Thanksgiving meals for customers.
Walmart issued a press release stating that the meal, which consists of 29 items and serves 8 people for less than $7 a person, will be available through December 24.
“As food prices remain top of mind, more customers want to begin saving earlier and throughout the holiday season,” Walmart said. “Now through Dec. 24, Walmart is bringing back its inflation-free Thanksgiving meal at a lower price than last year to help customers save without compromising quality.”
Walmart’s executive vice president of food, John Laney, said, “Some of the holiday’s most special moments take place around the dinner table. At Walmart, we are committed to offering customers even deeper savings on top of our Every Day Low Prices for all their mealtime needs.”
“And with more opportunities to gift a meal and give back to those in need, we’re helping customers spread holiday cheer to their loved ones and their local communities,” Laney noted.
