Even With Inflation Prices High, Consumers Are Not Missing Out On Halloween

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Even With Inflation Prices High, Consumers Are Not Missing Out On Halloween
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Even though inflation has spiked prices making things more expensive, that is not stopping consumers from celebrating the day.

Halloween Phantom sells costumes, masks, props, and devices that are available year-round not just in October. This is their bread and butter. A whopping $10.6 billion according to the National Retail Federation is how much they predict Americans will spend on all their Halloween stuff this year.

"We bought everything," said Blanca Aguilar a Phantom Halloween Shopper."Last year, we didn't decorate so much." She says the"vibe" just wasn't there in her neighborhood in 2021. People were dipping their toes back in after two years of COVID trepidation. Retail experts say, for the first time, we're approaching pre-pandemic Halloween spending levels almost 70% of us are going to be participating in Halloween this year.

Inflation has jacked some prices up. among costumes and props. You'd think that might scare some consumers away but Halloween die-hards like Kerri Monterrosa say"no way."Aguilar says she's taking an"a la carte" approach to her shopping to save a little money.Nobody is talking about skimping. Experts says $3.6 billion will be spent on costumes alone. the highest since 2017. One in five plan to dress up their pets. With Oct. 31st landing on a Monday.

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