Fans of Nutella won't be happy about this news 4 years ago

Fans of Nutella won't be happy about this news

Noooo!

Brace yourselves Nutella fans, the price of your beloved jar of chocolatey goodness is on the way up.

Prices have already increased by 38% in a year and are set to continue to rise. A regular 400g jar will set you back approximately €2.69 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.

Stock up on the nuts while you can.