Friday, October 18, 2024

The Hershey's Kisses Rate of Inflation

In 1968 or 1969, my sister and I went to one of those old-fashioned corner markets in Madison, Indiana, and bought Hershey's Kisses at the price of two per penny. These weren't in a package but sold in pairs.

Today, the packages of Hershey's Kisses at Walmart vary slightly in price depending on the size, but they average about $8 per pound. So the average price of a Hershey's Kiss is 8 cents each. (Each Hershey's Kiss weighs 4.5 grams or roughly 1/100th of a pound.)

This makes the Hershey's Kiss rate of inflation over 55 years 1600%. During the same period, the official rate of inflation, which I always find suspect, is 850%. Either the official rate is wrong, or Hershey's Kisses rose faster than inflation.

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Best wishes,

John Coffey

http://www.entertainmentjourney.com

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