Terry's Chocolate Orange shrinks and costs more due to rising production expenses

theguardian.com

Terry's Chocolate Orange has decreased in size by 8% and its price has risen by 81% since December 2022. This price increase and size reduction are attributed to rising costs of cocoa, sugar, milk, packaging, transport, and wages. Climate change impacts on cocoa crops in West Africa have significantly driven up prices. Other festive treats are also experiencing similar shrinkflation and price hikes due to these widespread production cost increases.


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Terry's Chocolate Orange shrinks and costs more due to rising production expenses | News Minimalist