Iconic Australian favourites Freddo Frogs and Caramello Koalas will soon double in price.
Cadbury announced today’s price rise, referencing the cost of ingredients, particularly cocoa, as the main driver.
Previously, the choccy treats retailed for just a dollar, but they will soon cost $2 each.
Chocolate bars aren’t the only foodie favourite feeling the squeeze. McDonald’s has reported experiencing its first downturn in years. On The Briefing this week, the team asked an expert what this tells us about the current economy.