Chocolate prices surged by 11% amidst overall food and drink price rises of 2.7%. Cocoa shortages due to weather conditions in West Africa are driving this inflation.
The cost of popular chocolate products has drastically increased; for example, Sainsbury's No Added Sugar Milk Chocolate nearly doubled in price, escalating from 95p to £1.84.
Overall food and drink prices are 16.6% higher now compared to two years ago, illustrating significant ongoing inflation affecting consumer shopping.
Retail editor Ele Clark highlighted that, while food inflation is declining, chocolate prices continue to climb dramatically, making it crucial for shoppers to compare options.
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