The price of multiple popular chocolate bars could soar in the UK, according to reports.
KitKats, Yorkie bars, and Aeros are among the sweet treats made by Nestle that could soon cost consumers more.
According to Nestle, this is because of increasing commodity costs, which means that it is more expensive to make its products.
The conglomerate revealed that while it has already raised its prices this year, further increases come be coming.
In the first quarter of 2025, price hikes in the cost of coffee beans and cocoa saw Nestle raise prices by 2.1 per cent overall.
The price hikes were higher in some markets, according to the Swiss company, with the increases in the double digits.
Because of these growing prices, its sales growth by volume was affected, Nestle has said.
However, its sales of of 2.8 per cent in the first quarter of 2025 was higher than expected – this is largely due to price increases.
Consumers could soon see the price of chocolate bars made by Nestle – including KitKats, Yorkies, and Aeros, increase (stock image)
Prices of chocolate have risen in general over recent years, with consumers facing an almost 50 per cent increase.
This is due to both increasing prices and shrinking portion sizes – dubbed ‘shrinkflation’ by some.
Last month, there were reports indicating that shrinkflation had impacted Cadbury’s chocolate once again, as multipacks of Dairy Milks were reduced by two bars while maintaining the same price.
The reduction of 22 percent resulted in packs that used to weigh 244.8g now weighing 190.4g, yet they are still priced at around £3 – with each bar costing an additional 10p.
This change sparked outrage among shoppers, with one individual expressing their frustration on X by stating, ‘Shrinkflation has become so extreme that the chocolate may as well stay on the shelf forever from now on.’
Manufacturer Mondelez International blamed increases in cocoa and dairy prices for the size change, as well as rising transport and energy costs.
According to Nestle, chocolate bars including Aeros could become more expensive due to rising commodity costs, including the cost of cocoa
It came after Cadbury Twirls were cut from 10 fingers to nine while also remaining at the same price.
Ellie Macsymons, finance expert at money-saving site NetVoucherCodes, said: ‘Customers will, understandably, react negatively to Dairy Milk charging similar prices for 22 per cent less chocolate per product.
‘Shrinkflation is causing loyal customers to feel frustrated because they are essentially getting less value for their money, especially from a trusted brand they have bought from for decades.
‘However, while some customers may switch to chocolate brand alternatives that offer better value for money, it may be the case that there is a lot of ‘reluctant acceptance’ from dedicated Dairy Milk fans.
‘The current shrinkflation situation may not entirely dissuade its customers, but if this trend continues, then there may be further fallout for the chocolate brand.’
Cadbury products have also seen price hikes in recent times, with a number of products shrinking, while costing the same (stock image)
A Mondelez International spokesperson said: ‘We understand the economic pressures that consumers continue to face and any changes to our product sizes is a last resort for our business.
‘However, as a food producer, we are continuing to experience significantly higher input costs across our supply chain, with ingredients such as cocoa and dairy, which are widely used in our products, costing far more than they have done previously.
‘Meanwhile, other costs like energy and transport, also remain high.
‘This means that our products continue to be much more expensive to make and while we have absorbed these costs where possible, we still face considerable challenges.
‘As a result of this difficult environment, we have had to make the decision to slightly reduce the weight of our Cadbury Dairy Milk multipacks so that we can continue to provide consumers with the brands they love, without compromising on the great taste and quality they expect.’
