Mondelez hopeful of cocoa deflation as profits suffer

2008 - Cadbury and Schwepeps demerge

Mondelez has said it is ‘encouraged’ by signs the price of cocoa may fall, after record-high cocoa inflation squeezed the confectionery giant’s profits

Mondelez has said it is “encouraged” by signs the price of cocoa may fall, after record-high cocoa inflation squeezed the confectionery giant’s profits.

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