#chocolate-prices

#chocolate-prices

The cost of chocolate has increased sharply as cocoa prices have soared after poor harvests in the key growing regions of Ghana and Ivory Coast over the past three years, amid extreme temperatures and unusual rainfall patterns driven by the climate crisis. The added cost has prompted manufacturers to use a number of tactics, from making bars and biscuits smaller to reducing cocoa content in an effort to keep the prices paid by shoppers down.

The Halloween season is bringing more than ghosts and goblins this year for many, rising candy prices are the real scare. Stocking up on Halloween supplies in Toronto's Golden Triangle neighbourhood, a popular East York spot for trick-or-treaters, Shannon Crookston said she had to take a different approach this year because of rising costs. We used to do the full-size chocolate bars every year, Crookston said. But just given the cost, unfortunately, that wasn't an option anymore, so we've kind of had to do the treat size instead.