"The average U.S. price of a pound of ground coffee hit $9.14 in September, a 3% increase from the August average of $8.87 and 41% higher than in September 2024, according to U.S. government figures. Coffee prices have been increasing sharply since the start of this year. Consumer prices for food purchased for home use and away from home were 3% in September compared to the same month a year earlier, the U.S. Labor Department reported Friday."
"Nikki Bravo, the co-owner of Momentum Coffee in Chicago, raised prices by about 15% last week for lattes, cappuccinos and other drinks at her four locations. Bravo said she is paying 15% more for coffee beans compared to a year ago and has started roasting more beans in-house to save money. She gets most of her beans from Africa. Other items also have gotten more expensive, such as cups and sleeves, she said."
The average U.S. price for a pound of ground coffee rose to $9.14 in September, a 3% monthly increase and 41% higher year-over-year. Broader consumer coffee prices were up 19% from a year earlier while overall food-at-home and away inflation ran about 3%. Retailers and independent cafes are raising menu prices; one Chicago chain increased drink prices roughly 15% after paying 15% more for beans and facing higher costs for cups and sleeves. Some shops are roasting in-house to lower costs. Wage increases and cautious consumer spending are adding pressure on coffee businesses.
Read at www.bostonherald.com
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