PRICES ON HERSHEY CANDY INCREASING DUE TO RISING LABOR, INGREDIENT COSTS

Even Hershey Candies, which analysts say have traditionally weathered financial storms, are increasing their prices due to inflation. Hershey’s chief financial officer has said the hikes have to happen to offset rising labor and ingredient costs for sugar and dairy products, as well as packaging. Yahoo Money quotes a Goldman Sachs analyst as saying that Hershey has raised prices to a 17 percent increase for standard candy bars and 13 percent on so-called “king” bars.