Halloween candy quality has plummeted

There’s plenty of press about sticker shock on halloween candy prices this year, but the day having arrived and the candy now opened, I can tell you the biggest shock to me was how notably inferior it was to standard “full size” candy equivalents. The Kit Kats are thin and flavorless, the Twizzlers taste like bottom shelf generics. I had heard that chocalate products had reduced their cocao content, but Twizzlers? I tried a few other gummmy candies from other brands and they were inedible. As a livelong afficianodo of Halloween childhood sugar crashes and adult weight gain, this is a generational crime.

It’s a good reminder that shrinkflation often hits quality harder than quantity. Whether there is a direct tariff or not, the reality is that everything costs more to import than it used to. Cross product subsidies exist in every dimension when you’re trying to fill a cargo ship. Your kid’s candy haul this year is one of the purest ways to experience the thousands of sources of consumer surplus lost as we’ve crippled our own economy for no reason but spite and ignorance (all dusted with the unmissable taste of xenophobia and racism).

I used to worry about the first week in the office after Halloween and all the willpower that I was going to have to muster not to sample a Twix, Kit Kat, Snickers, or Twizzler every time I needed to get up from my desk.

Not going to be a problem this year.

An Expensive Easter

Americans like their food. Holidays are often known by the dishes that we serve. Thanksgiving is a bit unique in that most of us converge on turkey, though diversity obviously exists. What about Easter? There’s not really the same focus on a single food like there is for Thanksgiving. My impression is that people eat daytime or lunch foods that include ham, lamb, or just about anything. My family tends to make tacos.

What am I saying?! We eat candy! Solid or hollow chocolate bunnies, jellybeans, peeps, and on and on. We fill Easter eggs and keep candy around the office. We literally have baskets full of candy.

A Chocolate Bunny? In this economy?

Have you seen the price of chocolate? Yeesh! The latest figures are from February and the prices for chocolate and cocoa bean products are down 11.7%  year-over-year. That’s nice, you may think, our budgets can fit a bit more chocolate into our consumer – I mean Easter – baskets. Great news. The news seems a little less great when you realize that February’s price of chocolate was 90% higher than it was four years earlier in 2022. 90% higher is a lot like 100%, and 100% is double! In fact, the price had peaked at 142% higher by September of 2025, and now prices are quickly falling. See the chocolate-colored line in the graph below.

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