Easter Egg-flation: Let?s unwrap it

Newscast

BBC

Politics, News

4.4 • 6.4K Ratings

🗓️ 28 March 2024

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today we look at the price of chocolate and why it has increased so much this year.

Earlier this week the price of Cocoa hit $10000 per metric ton - the highest level ever. This is being felt in the price of Easter eggs, with some products going up in price by over 50%.

Adam is joined by the BBC?s Faisal Islam alongside Professor Elizabeth Robinson, Director of the Grantham Research Institute on Climate Change and the Environment and the Associate Director for Responsible Business at the Fairtrade Foundation, Anna Mann to explore what?s behind these price increases and what they tell us about the climate crisis and food security,

You can join our Newscast online community here: https://tinyurl.com/newscastcommunityhere

Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Chris Gray with Gemma Roper and Joe Wilkinson. The technical producer was Frank McWeeny. The assistant editor is Chris Gray. The senior news editor is Sam Bonham

Transcript

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0:00.0	BBC Sounds, Music, Radio, podcasts.
0:04.6	Hello, I've just done something no broadcaster should ever do before they record a podcast.
0:11.0	I've troughed a load of chocolate because we are doing an episode about the price of chocolate,
0:15.8	which has gone through the roof, which is worrying news on a weekend when we tend to eat quite a lot of chocolate.
0:22.7	And we did some market research, which meant there were quite a few Easter eggs lying around
0:28.6	the office. And I was feeling quite backish. And I did eat slightly too much before recording
0:34.3	this episode of newscast. So if it turns into sort of like ASMR video of me going,
0:39.7	I do apologize in advance.
0:42.2	But the other thing I learned is that the price of chocolate,
0:45.6	of which we will be discussing,
0:47.2	is based on the price per metric ton.
0:51.0	And I realized I didn't really know what a metric ton actually is.
0:53.7	Turns out it's
0:54.2	a thousand kilograms. And to make that chocolate related, that means a thousand kilograms is the
1:00.3	same weight as 25,000 cream eggs. Beak that trivia fans. Anyway, this is going to be the subject
1:07.2	of this special episode of Newscast to get your Easter bank holiday weekend started.
1:12.2	Newscast.
1:12.9	Newscast from the BBC.
1:14.4	Why can't people buy a house?
1:16.2	Look at their wages.
1:17.4	Do you know any questions on things that are not related to maths?
1:19.3	People who say that we were partying simply do not know what they are talking about.
	...

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