Friday 13 January 2017

Freddo Price to Hop Up


It’s been a tough time for chocolate lovers. Mondelez international, the company which cut the weight of Toblerone bars by widening the gaps between the chocolate peaks, is now expected to raise the prices on Cadbury’s Freddo bars. It’s been a tough time for chocolate lovers. Mondelez international, the company which cut the weight of Toblerone bars by widening the gaps between the chocolate peaks, is now expected to raise the prices on Cadbury’s Freddo bars. Mondelez, which bought Cadbury in 2010, said rising commodity costs combined with the slump in the value of the pound since the UK voted to leave the EU meant its products were becoming more expensive to make. A spokesman said: “Increasing prices is always a last resort, but to ensure we can keep people’s favourite brands on shelf and look after the 4,500 people we employ in the UK, we are having to make some selective price increases across our range.”
Freddo Inflation