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Mars follows Hershey in raising candy prices | WCVB

Mars, the maker of M&M’s and Snickers, announced Wednesday it will raise its prices by an average of 7 percent

The company said the first price increase in three years was “to offset rising costs.”

Mars did not provide an effective date for the price hike.

The move comes a week after Hershey said it was raising wholesale prices by 8 percent, citing higher ingredient costs.

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Mars follows Hershey in raising candy prices.

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