Coffee hike could grind you down

From the Herald Sun:

COFFEE lovers, prepare to cough up more for your favourite cuppa.

Major chains have confirmed they are bumping up prices to compensate for rising costs.  A hot caffeine fix will burn a recommended 20c deeper hole in your pocket at many Hudsons Coffee outlets nationwide from Tuesday.  The Coffee Club plans a 10c price rise for its Victorian outlets next month while Melbourne Nashi sandwich bars increased coffee prices by 20c this week.  McDonald’s confirmed a recent “small price increase” at a rate below inflation, but would not say by how much.

The Herald Sun revealed in May how some small cafes were lifting prices by up to 30c, citing costs for beans on the world market at their steepest in 30 years, higher power bills, and rising wages for quality baristas.  This year’s hikes have pushed the cost of a cappuccino or latte well past $3 at many locations.

But operators deny ripping off consumers.  To read more click HERE

We probably all knew it was coming, however what I found interesting was this comment from ace coffee reported Karen Collier when she said “This year’s hikes have pushed the cost of a cappuccino or latte well past $3 at many locations.”  Can anyone tell me of a coffee place that sells a regular coffee for less than $3.00?  I don’t think I have ever paid less that $3.40 for a regular.

What is the most you have paid for a coffee?

Café Owners/Baristas (I believe there are a couple who occasionally read this stuff) how do you feel about the price hike? Do you feel it to be needed/justifiable? (not being critical – I’ll happily pay $4 for a good coffee).

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Posted on August 6, 2011, in Coffee Lifestyle, Coffee Quote, Information, News and tagged , , , . Bookmark the permalink. Leave a comment.

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