
Surging cost of cocoa leads UK shoppers to shell out more for smaller Easter eggs
Shoppers are shelling out for smaller eggs this Easter as shrinkflation takes a bite out of the favourite seasonal treat.
The price of eggs made by big names including Cadbury, Mars and Terry's have risen by as much as 50% in some cases while some have also shrunk in size, according to research by consumer champion Which?. When pack sizes are reduced and prices stay the same, or even go up, it is often dubbed 'shrinkflation'.
While official figures published on Wednesday showed inflation slowing to 2.8% in February, a breakdown of the headline figure shows food prices rose 3.3%. While price drops for milk, cheese and eggs brought some relief for shoppers, the cost of chocolate raced higher, up by a massive 16.5%.
Chocolate has been getting more expensive for several years due to poor harvests in west Africa, in particular Ghana and Ivory Coast, where more than half of the world's cocoa beans are harvested.
While confectionery firms say they have swallowed some of the cocoa price hit, the magnitude of the increase has resulted in higher prices on supermarket shelves. Looking at the weight of the eggs on sale, Which? found that the cost of some Easter eggs had increased by more than 50% a 100g compared with last year.
At Lidl an 80g pouch of Terry's Chocolate Orange mini eggs was 99p in the run-up to Easter in 2024. However in 2025, it was not only more expensive, at £1.35, it had also shrunk to 70g. This equates to a rise of 56% per 100g. The bags on sale in other supermarkets had also shrunk but the price rise per 100g was less – 51% at Asda, 37% at Sainsbury's and 14% at Tesco.
At Morrisons, Which? found a Cadbury Creme Egg 5 Pack Mixed Chocolate Box 200g had risen from £2.62 in the run-up to Easter 2024 to £4 this year. This worked out as a 53% price increase per 100g year on year, although the pack had stayed the same size.
At Tesco, Which? found a Twix white chocolate Easter egg had increased from £5 to £6 in the run-up to Easter year on year, and had also shrunk from 316g to 258g, meaning the unit price (per 100g) had gone up by 47%.
At Morrisons, Nestlé's KitKat Chunky milk chocolate Easter egg stayed at the same price in the run-up to Easter year on year at £1.50 but reduced in size from 129g to 110g, making it 17% more expensive per 100g.
With shoppers getting less bang for their buck, Reena Sewraz, the senior money and shopping editor at Which?, said: 'If you don't want to pay more for less, it is worth shopping around,' and to be sure to compare the price per gram.
Amber Sawyer, an analyst at the Energy and Climate Intelligence Unit, said that for many commodities rising food inflation 'bears the fingerprints of climate change'. 'Chocolate price inflation is up from 14.1% last month to 16.5% this month. West Africa has been pummelled by climate impacts since 2023, with prices surging 400% last year,' she said.
Mars Wrigley said that, due to rising manufacturing costs, it had adjusted some of its product sizes to minimise changes to its list price.
Nestlé said significant increases in the cost of cocoa had made it much more expensive to manufacture its products and it has 'sometimes been necessary to make adjustments to the price or weight of some of our products'.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
.jpeg%3Fwidth%3D1200%26height%3D800%26crop%3D1200%3A800&w=3840&q=100)

The Independent
2 hours ago
- The Independent
Business news live: Boeing shares sink after India crash and Poundland sold for £1
The FTSE 100 has tested new all time high levels over the past couple of days, but has fallen slightly short amid ongoing US-China trade talks and Rachel Reeves ' spending review announcement. Thursday brought the surprise news of a bigger than expected contraction of the UK economy, which shrank 0.3 per cent in April, with services in particular playing a big part following tariff uncertainty and increased labour costs at the time. As such, the UK's benchmark index was flat in early trading, with European stocks firmly in the red, following US and Asian indices ending the same way overnight. There was good news individually for the likes of Tesco and Halma however, following morning earnings reports, while high street chain Poundland has been sold for a nominal fee and faces a restructuring process under its new ownership. Here is the latest business news and stock market updates across Thursday. Boeing shares tumble after Air India plane crash More details on the Boeing share price from PA: Shares in Boeing tumbled in pre-market trading on Thursday after one of its planes crashed shortly after taking off in India. The US-based airplane manufacturer, which has been blighted by safety issues in recent years, saw shares drop as much as 8%. A Boeing 787 Dreamliner aircraft bound for Gatwick airport, carrying 242 people including 53 British nationals, appeared to explode after crashing shortly after taking off from Ahmedabad Airport. Airline Air India said 169 passengers are Indian nationals, 53 are British, one is Canadian and seven are Portuguese. Boeing shares tumble after Air India plane crash The US-based airplane manufacturer, which has been blighted by safety issues in recent years, saw shares drop as much as 8%. Karl Matchett12 June 2025 12:54 Boeing shares fall after plane crash in India Ongoing news this morning is from India where a plane bound for Gatwick, London, has crashed. Meanwhile, shares in Boeing have dropped 8 per cent in pre-market trading following the news. The American airliner suffered a spate of issues last year but seemed to have turned a corner, the share price up 15 per cent in a year and 20 per cent year to date in 2025. Karl Matchett12 June 2025 12:00 'I was turned away from a major work event because I had my baby with me' A female entrepreneur was left feeling 'absolutely humiliated' after she was refused entry to London Tech Week because she was with her 18-month-old daughter. Davina Schonle had travelled for three hours to get to the event at Olympia, where she planned to meet potential suppliers for her new start-up AI company. But on arrival on Monday, she said officials prevented her from entering with her daughter, Isabella, who was in a pram. The incident at the event, which was addressed by Sir Keir Starmer on the same day, has been widely condemned at a time when the tech industry tries to shake off its male-dominated tag. 'I was turned away from a major work event because I had my baby with me' London Tech Week said the flagship event had not 'been designed to incorporate the particular needs, facilities and safeguards that under-16s require' Karl Matchett12 June 2025 11:30 More City firms order workers back to office The re-rise of office work among financial companies continues to increase, with the FT reporting that Panmure Liberum has joined Deutsche Bank and UBS in telling staff they must choose Mondays or Fridays, or both, as at least one of three office-based days. The move away from work from home flexibility has been particularly noticeable in City firms this year. Peel Hunt have staff back in four days now. HSBC reportedly has a shortage of a 'few thousand' desks around the country as they get staff back to the office. Karl Matchett12 June 2025 11:00 Mega caps keep spending on AI After yesterday's news that Meta are to buy a stake in Scale AI for almost $15bn, today two more tech behemoths are ready to fund further AI-related initiatives. Much smaller scale this time, but Nvidia are reportedly investing $15m and Samsung $10m into Skild, a company which makes software for AI robots. The push towards physical AI-related products, like robots, cars or other moving items, is increasingly seen as the next big driver for those firms who have made huge profits so far from chips and software behind AI models. Karl Matchett12 June 2025 10:45 DAX the biggest faller with European markets down Most of the major European markets and indices are in the red this morning. Germany's DAX is the biggest faller, more than 1.0 per cent down so far, with France's CAC 40 at 0.4 per cent in the red and the Ibex 35 0.7 per cent down. The UK's FTSE 250 is similarly half a percent down, but the FTSE 100 remains bolstered to the flat line by the likes of BT, BP, Halma and Tesco. Karl Matchett12 June 2025 10:20 Tesco remains dominant force in supermarket wars FTSE 100 shares remain mostly flat, now just 0.07 per cent in the red, but Tesco is one of the London Stock Exchange-listed companies which is thriving this morning. 'Having narrowly missed closing at a new record high last night, the FTSE 100 held firm at the market open as strength in energy and tech was offset by weakness in banking shares,' says AJ Bell investment director Russ Mould. 'Escalating tensions between the US and Iran helped oil prices to a two-month high and gave heavyweight stocks BP and Shell a lift. Precious metal miners were also in demand as investors sought out safe-haven gold-related stocks in the hope of protection against renewed uncertainties in the world. 'Tesco has successfully fought off discount rivals Aldi and Lidl and protected its dominant UK market position, yet at no point can it take its foot off the pedal. The moment Tesco relaxes is the point at which rival operators pounce on the opportunity to eat some of its lunch. 'Its first quarter trading update implies that Tesco is still at the top of its game, achieving moderate but resilient sales growth and continuing to grow its market share. There's clear momentum in the business with sales of its premium products doing well, plenty of product innovation, non-food sales look encouraging, and it is now selling clothes online.' Karl Matchett12 June 2025 10:00 Gold climbs after Trump's 'two weeks' claim on tariffs Donald Trump last night said he'd be sending out letters to trade partners in two weeks, informing them of trade tariffs on a take-it-or-leave-it basis. That has partly contributed to shares falling overnight and in Europe today, but it has also seen gold rise once more. Gold is up around 0.8 per cent to $3,369. Karl Matchett12 June 2025 09:40 Poundland faces restructure after being sold High street discount chain Poundland is set for a 'restructuring' process after it was sold to investment firm Gordon Brothers. The parent firm, Pepco Group, which has owned the brand since 2016, said it has completed the sale of the business for a 'nominal' fee. It comes after an auction by Poland -based Pepco to sell Poundland after a sharp downturn in trading over the past year. Poundland's more than 800 stores and roughly 16,000 employees will be transferred to the ownership of Gordon Brothers, which owns brands including Laura Ashley, as a result. However, as part of the deal, Poundland is set to undergo a restructuring plan. Karl Matchett12 June 2025 09:15 UK economic shrinking was 'inevitable' in April A falling UK economy was 'inevitable' in April, said Danni Hewson, AJ Bell head of financial analysis. The UK showed 0.3 per cent decline in GDP with the services sector in particular declining 0.4 per cent. 'It's hard not to look at today's headline fall in economic growth as anything other than inevitable. Company after company had warned the chancellor that the decisions taken during last year's Budget would impact business growth and create huge uncertainty about existing staffing levels,' Ms Hewson said. 'The latest jobs figures highlighted the fall in payrolled employees and rising unemployment earlier this week, and all those bill rises in April delivered another knock to consumer confidence, with the latest BRC retail sales figures showing spending on big ticket items has been reigned back. 'Rachel Reeves has said she is determined to deliver growth, and her spending plans have been given a cautious welcome by business groups up and down the country – but the caution speaks volumes. 'The next five months looks set to see the UK become something of a petri dish, where speculation and rumour fester as concern about rising debt levels feeds expectation that further tax hikes are inevitable.' Karl Matchett12 June 2025 09:00


The Guardian
2 hours ago
- The Guardian
Upmarket Finest range helps lift Tesco sales, amid UK ‘home dining boom'
Households treating themselves to Tesco's upmarket Finest range have helped lift sales at the UK's biggest supermarket, with analysts suggesting high restaurant prices could be driving a home dining boom. Sales of the high-end own-brand line jumped 18% in the first quarter, while fresh food purchases were also boosted by shoppers enjoying picnics and barbecues in the sunny spring weather. Tesco's UK stores recorded a 5.1% increase in like-for-like sales in the 13 weeks to 24 May, while the chain also grew its market share during the period as it fought off competition from rivals including the discounters Aldi and Lidl. The retailer said it had worked on its pricing to bring in more customers, and matched prices at Aldi on more than 600 items. 'The market remains intensely competitive, and we are committed to ensuring customers get the best value in the market by shopping at Tesco,' said its chief executive, Ken Murphy. Retail analysts pointed to the success of the supermarket's own brand offering. Dan Lane, of Robinhood UK, said that in an increasingly tough trading environment, Tesco's Finest range had become 'something of a secret weapon' to entice cash-strapped shoppers to spend on more premium items. 'Staying sensitive to purse strings and giving customers the chance to spend up is vital in an inflationary environment,' Lane said. 'Shoppers looking to trade down from increasingly expensive restaurants are opting for the premium offering at home instead – 18% growth tells us the strategy is working.' Tesco's results come at a time when supermarkets are fighting over customers amid a challenging trading environment. Asda is trying to turn around several years of weak trading by cutting its prices. At the same time, grocery price inflation is on the rise again, having jumped to 4.1% in May, the highest level in 15 months, driven by the rising cost of items such as butter and chocolate, according to Kantar. It found that shoppers are increasingly looking for discount deals and turning to supermarket own-label products as a way to manage their budgets. The mounting cost of dining out, even for a casual meal, is weighing on consumers, said Clive Black, head of consumer research at Shore Capital. 'A lot of families are finding that going out mum, dad plus the kids for pizza and a beer is £100, and they can get much better value by going to a supermarket. We have seen premium private label demand at M&S, Sainsbury's and Tesco manifest some of that,' said Black. Sign up to Business Today Get set for the working day – we'll point you to all the business news and analysis you need every morning after newsletter promotion While the discounters have continued to grow their share of the grocery market in recent months, their upmarket rival Marks & Spencer has also seen an increase in spending on groceries, despite its recent difficulties caused by a cyber-attack. 'Tesco has successfully fought off discount rivals Aldi and Lidl and protected its dominant UK market position, yet at no point can it take its foot off the pedal,' said Russ Mould, investment director at broker AJ Bell. 'The moment Tesco relaxes is the point at which rival operators pounce on the opportunity to eat some of its lunch.'


Times
3 hours ago
- Times
Tesco sent emergency stocks to bail out M&S during cyberattack
Britain's biggest supermarket stepped in to supply emergency stocks of Marmite and Coca-Cola to Marks & Spencer while it was hit by a crippling cyberattack, its boss has revealed. Ken Murphy, chief executive of Tesco, said that M&S and some of the Co-Op's independent societies asked Booker,Tesco's wholesale arm, for support sourcing products while their supply systems were down. 'Over the period when they've been impacted, Booker has supplied both M&S and Co-op with products and supported them in any way they could,' he said. 'They asked us to supply products and we said yes.' • Business live blog: All the latest news as it happens In M&S's case, Booker is understood to have increased deliveries of third-party branded items, such as the household staples Marmite and Coca-Cola, and shipped more items directly to shops. The main Co-op Group did not request assistance for its supermarkets but it is understood that some of its independent societies temporarily turned to Booker. Independent Co-op societies are consumer co-operatives that operate independently within the Co-operative Group while maintaining their own distinct ownership and governance. The support was short-term and both companies have since restored their operations following the cyberattack. M&S was arguably the worst affected: its online business was knocked offline for nearly two months. It has warned that the attack is likely to dent its profits this year by at least £300 million. M&S relaunched its website this week and resumed online orders, prompting a surge of customer demand. Many shoppers had left items in their online baskets, ready to buy once the site came back online. The company declined to comment on which products had proved most popular since the relaunch. The request for support from Britain's largest supermarket highlights the severity of the disruption and also reflects a rare moment of collaboration in the competitive grocery sector. Tesco, which reported an increase in like-for-like sales over the past three months, insisted that this had not been because of the cyberattacks at M&S and Co-Op. 'We haven't seen any uptick in activity or attacks since some of our competitors were attacked,' Murphy said. 'We haven't seen any material changes.' He emphasised that cybersecurity was at the 'top of my inbox on a daily, weekly basis. We stay on top of cyber all the time. We have invested continuously in upgrading our cyber capabilities because this is a moving target all the time. As the sophistication of potential attackers improves, we have to keep investing behind it.' 'We stay very vigilant. We invest substantially behind it. We seek to learn from what's going on in the industry.'