Milka Chocolate Prices Surge by One-Third Due to Rising Costs

Inflation, climate impacts, and record-high cocoa prices drive significant price increases across the chocolate industry.

Milka chocolate now costs €1.99 per standard bar at major retailers, up from the previous price of €1.49.
The price hike follows a 10% increase in summer 2024, with other brands like Ritter Sport and Lindt also raising prices.
Manufacturers cite inflation, higher production costs, and poor cocoa harvests caused by extreme weather as key reasons for the increases.
Cocoa prices reached record highs in early 2024, spurred by droughts, heavy rains, and crop diseases affecting global supply.
Despite rising prices, Germany remains one of the top chocolate-consuming nations, with an average of 9.2 kilograms per person in 2024.