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Oh No: The Price of Chocolate is Going Up!

Posted July 22nd, 2014 @ 11:32am

Start stockpiling chocolate, because prices are on the rise! Hershey announced last week that its prices would increase due to a rise in the cost of chocolate ingredients. The cost of Hershey's products will increase by 8%, effective immediately, but the price hike will affect other chocolate makers, too. In fact, the demand for chocolate products is up worldwide, as many Asian countries have developed a taste for cocoa in recent years. Researchers predict that there will be a massive cocoa bean deficit by 2020. Help!

[The Frisky]

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