💨 Abstract

The article discusses rising chocolate prices due to volatile cocoa markets. Hershey, Lindt, Cloetta, and Nestle have all increased prices significantly over the past two years. Factors include poor weather, disease in West Africa, and volatile cocoa prices. Tariffs and trade policies are not the primary causes, and price increases vary by product and region. Hershey is keeping Halloween candy prices stable despite the overall hike due to soaring ingredient costs.

Courtesy: WTOP Staff