As cocoa prices soar this Easter, chocolatiers consider alternatives

Cocoa prices are surging so high, the Easter Bunny might want to hoard its chocolate. Consumers hunting for Easter eggs and chocolate bunnies this year can expect sticker shock similar to Valentine’s Day. Retail chocolate prices rose 11.6% across all of 2023, according to Circana data shared with CNN, outpacing the 3.4% annual rise in the overall Consumer Price Index, a common measure of inflation. That’s in large part because the price of cocoa – a key ingredient for chocolate …