Your Favourite Chocolate Bar Could Cost More Than £1 By Next Year
Experts have warned that the likes of Kit Kat Chunky, Twix and Crunchie could set you back more than £1 in the next 12 months.
Chocolate lovers are set for a tough year ahead, as experts claim the steep rise in chocolate in the next 12 months could see us forking out over £1 quid for a bar.
Research by mySupermarket.com found the average price of the nation's favourite treats, like Twirl, Crunchie and Kit Kat Chunky have jumped in price by 16 percent in 2016.
A Cadbury's Wispa bar cost on average 56p at best last year but after a sharp 13 percent price hike, the fan favourite now costs 64p!
Other favourites such as Bounty and Mars are up from 57p to 62p, which is a jump of nine percent.
This huge rise doesn't even compare to local corner shops, train stations and motorway centres where they are already charging nearly a quid.
The shocking price hikes have been blamed on inflation, the weaker Pound following the Brexit vote and the rising cost of some ingredients.
Gilad Simhony , CEO of mySupermarket.co.uk, told The Sun newspaper: "If this rate continues we could be paying over £1 for a regular bar in 2018.”
If that wasn't bad enough, experts are now suggesting that brands could SHRINK their bars in size to keep costs down after the price of cocoa surged last year.
However, Mondelez, Mars and Nestle, the owner of Cadbury’s, said prices were set at “the discretion of retailers.”
Why are we being punished?! We need our chocolate!
Most Viewed Pictures On Heart
Recently Played Tracks
To listen live, choose your preferred station:
Now playing: The best feel good music
The Disney smash hit is heading into theatres early next year and we are TOO excited!
Ant McPartlin will be back at the helm of I'm A Celebrity... Get Me Out Of Here!
Taylor Swift has announced her new album, Reputation, which will be released later this year.
Fans of the morning news show were left watching from behind their fingers as the reporter unexpectedly gave presenters a lapdance.
Strictly Come Dancing will air a special tribute to the show's former host Sir Bruce Forsyth, bosses have confirmed.
Hogwarts wannabes rejoice! You can now get sorted into your house at home...and it'll smell good too.
Fans will be waiting with baited breath to see if their favourite survived.
Dwayne "The Rock" Johnson has lost his title as the world's highest-paid actor after being knocked into second place by Mark Wahlberg.
Prepare to groan.
Morrissey has signed a deal for the release of his 11th solo album, entitled Low In High School.
The youngster appeared on the show with the most unusual job request we have ever heard...
Foo Fighters say the recording of new album Concrete and Gold got "weird quick" as they collaborated with producer Greg Kurstin.
Jason from Plymouth was hoping to secure £600,000 for his business venture but shot himself in the foot when he mistakenly called Deborah "Debbie".
A hunky architect, plenty of innuendos and some delicious bakes. It's hard not to love the new Great British Bake Off set to return to Channel 4 next week.
Bradley Walsh has been rumoured to play Doctor Who's new sidekick in the first female-led version of the show.
The Geordie star took to the streets of Sheffield and Cardiff to help some singles find love.
Porn site xHamster has offered to pick up Sense8, the LGBTQ-inclusive show Netflix cancelled in June.
Bonnie Tyler's 1983 hit Total Eclipse Of The Heart has made a surprising climb to the top of the iTunes chart in the US.
Comedian Ken Cheng has won the award for this year's funniest joke at the Edinburgh Festival for a gag about a pound coin.
Game Of Thrones star Emilia Clarke has commented on her character’s "heartbreaking" loss in last week’s episode.
The Jamaican sprinter is set to give a whole new meaning to the word fast-food.
Stick your headphones in for this one!
Jay Z has said his latest song is not aimed at Kanye West.
The original handwritten score for the Beatles song Eleanor Rigby is to be sold alongside the grave deeds of the supposed muse.
John Boyega accidentally let the secret slip...
Len Goodman's new show Partner's In Rhyme looks very familiar to us...
The Australian actress will play the Queen of England, opposite Saoirse Ronan in Mary, Queen of Scots.
A petition to replace a Confederate monument in Virginia with a Missy Elliott statue has been signed by more than 20,000 people.
Ant McPartlin has moved his mother into his London home.
Despite saying he had no interest in getting married, Paul O'Grady has tied-the-knot!