Toblerone outrage !

November 8, 2016…coincidentally, the same day as US Election day:

Toblerone changes its iconic shape and chocoholics go crazy

"Loyal fans of Toblerone reacted with horror on Tuesday after discovering that the distance between the triangular chucks in their favorite chocolate bar had expanded overnight.
Mondelez International (MDLZ), which produces the airport shopping staple, blamed rising ingredient prices for the change. By adding space between the triangles, the company was able to keep the bar’s original packaging and length, but reduce the amount of chocolate.
The result is that bars that formerly weighed 170 gram have been slashed to 150 grams. Forty grams have been carved out of bars that used to contain 400 grams. The price remains the same, but customers are getting roughly 10% less chocolate.
“Like many other companies, unfortunately we are experiencing higher costs for many ingredients. We carry these costs for as long as possible, but to ensure Toblerone remains on shelf, is affordable and retains the iconic shape we all know and love, we have had to reduce the weight of this particular bar,” Mondelez said in a statement on its Facebook page.




??? cocoa prices going up?

Inflation.

inflation?, not sure…maybe mondelez extra profit:

commodity prices,oct '14,'15, '16 (fed data):

milk: 3.76, 3.34, 3.29
eggs: 1.95, 2.80, 1.39
sugar: 145.3, 143.5, 154.9
cocoa '15 - '16 yoy: -28.35%

Steve
what prices are you using USD? or GBP? Mondelez may be our neighbor here but this is a UK cut/change no?

usd data, but mfg is in chf, and the exchange rate has been ~flat for about 10 yrs. Used to be made in bellwood, il at ferrara for a while iirc. Anyway, probably labor costs can account for the increase, and I’m a buyer at any price since we cant get UK kit-kats here easily .

btw, the nine-pack triangle box is on special at costco this month. Fits in most stockings.

future:

LOL.