Americans Curb Chocolate Bingeing as Inflation Hits Candy Aisles
Americans are eating less chocolate as the sweet treat gets more expensive. With inflation hitting US shoppers at the fastest pace in decades, indulgences like candy are becoming a casualty. Chocolate sales have been dropping for three straight quarters. Volumes sold at retail shops in a recent 13-week period slipped 6.3%, while prices rose 11% from a year ago, according to Chicago-based market researcher IRI.