Why is chocolate more egg-spensive this Easter?

ODN

The price of Easter eggs has soared this year due to the worsening impacts of climate change. The Energy and Climate Intelligence Unit says a combination of climate change and El Nino conditions have driven up cocoa prices. The price of cocoa beans has hit a record high of more than £6,500 per tonne - up from £2,000 compared to this time last year. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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01:36 We basically found that Easter eggs, just in time for Easter,

01:42 are either shrinking--

01:44 so they're experiencing something

01:45 called shrinkflation when they get smaller,

01:47 but the price stays the same--

01:49 or they're just getting much more expensive.

01:53 We've seen an awful lot of incidents

01:55 where the prices have increased by over 50%

01:59 for just really well-known and much-loved Easter egg brands.

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