Chocolate bars and bonbons are 3.6% more expensive this Easter

Chocolate bars and bonbons are 3.6% more expensive this Easter

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Inflation projection considers the comparison of values ​​from March this year with the same month in 2023. Easter eggs are also 15% more expensive. Chocolate bars and bonbons are 3.6% more expensive Chocolate bars and bonbons are more expensive this Easter. A survey carried out by XP based on the Broad National Consumer Price Index (IPCA) projects inflation of 3.63% in March compared to the same month in 2023. The increase, however, is proportionally smaller than that seen among months of March 2023 and 2022 – which was 10.7%. Inflation of chocolate bars and bonbons in recent years. Reproduction/GloboNews According to XP economist Alexandre Maluf, in addition to the increase in demand, which puts pressure on prices on the commemorative date, other factors, such as the price of cocoa, influence the final price of the product. “The increase in prices in products such as chocolate drinks, chocolate bars and bonbons is strongly influenced by the increase in the value of cocoa on the international market, driven by crop failure in producing countries, mainly in Africa. In the last two years, however, the The rise in chocolate prices was even greater due to one of the ingredients: sugar, which was impacted by the crop failure in the United States with global repercussions on the production chain”, he states. The IPCA does not include the specific item Easter egg in the basket of products analyzed. Another survey by the Fundação Escola de Comércio Álvares Penteado (FECAP) points out that there was a 15% increase in the value of the Easter egg this year compared to 2023, considering the average price among several brands analyzed. Easter lunch with price saltier In addition to chocolate, other common Easter lunch items also had significant price changes over the last 12 months, according to the XP study. Olive oil, for example, is 40.7% more expensive in the period. Consumers will also pay more for products such as refined sugar (13.92%), crystal sugar (7.51%), ice cream (10.43%) and alcoholic beverages, except beer and wine (11.27%). Cod prices remained practically stable (variation of 0.46%) compared to last year, while fish in general rose 2.68%. Contrary to the trending items, the study points to price drops in products such as soybean oil (-22.73%), meat (-7.95%) and margarine (-8.43%).

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