The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge in cocoa prices, even as inflation-hit consumers curb their purchases and company profits face a hit.
Read the full article on the Reuters website
NAM Implications:
- ‘More increases?’
- “Chocolate affordability will be tested” – says it all, particularly on top of last year’s price increases…
