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PBS NewsHour

Hard-hit cocoa harvests cause chocolate prices to soar

Season 2024 Episode 120 | 6m 45s

If you’ve shopped for chocolate recently, you may have noticed your favorite items are either smaller or more expensive, or sometimes both. The price of cocoa — the key ingredient in chocolate — is the highest it’s ever been after nearly doubling in the last four months. As Ali Rogin reports, this worldwide shortage has been years in the making.

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