Cocoa shortages drive 12% chocolate price hike, impacting businesses and consumers.

Cocoa prices have soared due to extreme weather and underinvestment in West African farms, leading to a 12% increase in chocolate prices in the past year. This affects both small businesses and supermarkets, with prices potentially rising more. The situation highlights the impact of climate change and supply chain issues on the chocolate industry.

3 months ago
4 Articles