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Coffee Prices Soar as Beans Cost More | London News
Description
Coffee prices are skyrocketing—flat whites now costing $6.50 in some spots—as extreme weather, soaring energy and labor costs, and a two-hundred-percent spike in bean prices since 2021 push cafes to the brink. Lavazza reports steep price hikes across the board, with customers bearing the brunt. Experts warn it’ll take years of stable harvests to ease the pressure, while speculators ride the wave of volatility. Demand stays strong, but the cost to fill your cup? It’s just getting more expensive—and this trend’s not going anywhere soon.
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