The Money

Choconomics: The Rising Cost Of Chocolate

03.28.2024 - By ABC listenPlay

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As we head into Easter you may have noticed the price of your seasonal sweet treats like chocolate bunnies and eggs are a bit higher than last year. The main reason is the price of cocoa beans or actually, the price of cocoa futures. They’ve skyrocketed by more than 100% in 2024 alone and tripled over the past year. But why is that and will we be prepared to keep paying higher prices for the sweet stuff? Guests Tina Angelidis: Co-Owner, Adora Chocolates Pia Piggott: Associate Analyst, Rabobank Professor John Dumay: Accounting & Finance, Macquarie Business School Paul Zahra: CEO, Australian Retailers Association  Check out the Chocolate Scorecard:  https://www.chocolatescorecard.com/

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