Price of ice cream on the rise, but retailers eating most of cost
These days, a trip to your local ice cream store isn’t quite as cheap as it used to be, still retailers say they are eating most of the added costs when it comes to the price of an ice cream cone.
According to a report from The Star-Ledger, nearly every ingredient needed to make ice cream has risen significantly. The report sites information from the Bureau of Labor Statistics, which tracks manufacturing data for several industries.
Despite the added costs, consumers are only paying an additional 25 to 50 cents. Retailers say that’s because they are eating most of the added costs because many refuse to significantly increase the price for customers.
One retailer told The Star-Ledger there was no way to “ever pass on the total increase to the customer.”
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