We’ve made no secret of our love for a certain hazelnut spread here at HerFamily.ie HQ, but we may have to start using less of it.
Why? Well, canny shoppers will have noticed that the price of Nutella has sky rocketed by a whopping 38% in the past 12 months. That means a regular 400g jar will set you back approximately €2.69 at the checkout this week compared to just over €2 last year.
The reason for the price hike is due to the shortage of hazelnuts. According to The Mirror, there was a poor harvest in Turkey which resulted in less being produced.
Some farmers have no hazelnuts while others are holding on to theirs to make a bigger profit.
Hazelnuts aren’t the only nut affected this year, with supplies of cashews and peanuts dropping due to poor weather conditions.
Our advice? Stockpile while you can. It’s going to be a long winter and we may not survive it without our weekly Nutella coffee, brownies and cake.
HT to our Her.ie sisters.
