Hershey Raises Chocolate Prices By 8 Percent

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Your chocolate habit just got more expensive.

The price of Kisses, Reese’s Peanut Butter Cups, Kit Kats, and other candies made by Hershey’s went up by about 8% Tuesday.

The company blamed the price hike on the higher cost of ingredients, transportation and utilities.

The cost of cocoa, dairy and nuts have “increased meaningfully” since the beginning of the year, said President Michele Buck. She expects the trend to continue in 2015.

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