The Brief

Hershey is raising candy prices due to a sharp rise in cocoa costs, according to a report.

A spokesperson said prices will go up by roughly double digits.

The change also includes smaller pack sizes and less candy per package.

Fulfilling your chocolate cravings may get a little more expensive as The Hershey Company is reportedly raising prices across its candy portfolio, according to FOX Business , citing Reuters.

What they're saying:

A Hershey spokesperson said Tuesday that, due to an "unprecedented" surge in cocoa costs, the company will raise product prices by a roughly double-digit percentage, according to Reuters.

RELATED:

The increase reflects both a higher list price and adjustments to the weight and quantity of candy in the packaging, Bloomberg News reported.

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