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Fortune
Fortune
Chris Morris

Hershey's confirms price increases are on the way

Hershey chocolates in a pile (Credit: David Paul Morris / Bloomberg—Getty Images)
  • Hershey is raising chocolate prices. That will make the cost of a candy bar up to 20% higher at retail. The company is the latest to increase prices as cocoa costs remain well above their historical average, with no relief in sight.

That mid-afternoon Kit-Kat bar you gobble to get through the work day is about to cost you more.

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