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Chocolate Prices Stay High Ahead of Christmas as Makers Seek 2026 Hikes

Legacy supply contracts and costly inventories are delaying price relief for shoppers.

Overview

  • Industry sources report manufacturers have told retailers to expect new increases for 2026, with demands reportedly reaching up to 20 percent.
  • Retailers express irritation and signal resistance to further hikes, and pricing in the sweets aisle is seen as heavily influenced by Aldi’s levels.
  • Cocoa futures have retreated to near two‑year lows, yet shelf prices remain elevated, with official data showing strong year‑over‑year increases for chocolate products.
  • Consumer groups highlight shrinkflation and recipe changes, including Milka bars reduced from 100 to 90 grams and relabeled products such as “Milk Chocolate Style Raisins.”
  • Demand has weakened as shoppers balk at seasonal prices, reflected in viral social‑media complaints and reports of fewer purchases despite frequent promotions.