Hershey told its retail partners it is raising prices by a percentage in the “lower double-digit range” over what its chocolate products cost over the past couple years, a company spokesperson confirmed to CNN. The culprit: high cocoa prices. Bloomberg first reported the increase.

Chocolate enjoyers can expect higher prices at the checkout soon. The Hershey Company confirmed it plans to raise prices across its portfolio. It blamed the rising costs of ingredients, particularly cocoa,

Hershey to increase candy prices by double digits amid rising cocoa costs (CBS News) Hershey will soon raise its candy prices, according to multiple outlets, citing a jump in cocoa costs that have provoked the chocolate company to rethink its list prices and the quantities or weight of candy sold in each container.