The cheap treat that’s getting more expensive

By Stephen Bennie

The Easter Bunny is facing a cost-of-living crisis, the price of cocoa, an essential ingredient of chocolate, has been going through the roof in 2024. Don’t be counting on a visit from said Bunny this Easter. It’s generally the case that when the price of a commodity goes up over 250% in a few short months, several factors have combined at the same time. So, what has been going on to create this parabolic price chart.

Chart of the price of cocoa more than trebling in the past year