Coffee prices in the U.S. have risen dramatically, affecting daily routines and local businesses. The increase is mainly due to tariffs and global market pressures. Many coffee shops are feeling the heat but are trying to keep their prices stable for customers.
• Retail coffee prices have jumped nearly 21% since August last year, the highest rise since 1997.
• Luna Coffee Roasters raised its prices by about 10% six months ago, while other shops like The Exchange have not yet increased prices.
• Tariffs on coffee from growing countries are a major factor in the price rise, impacting almost all coffee consumed in the U.S.
• Small business owners are cautious about passing on costs to customers, as they want to maintain loyalty despite rising expenses.
This situation highlights the challenges faced by small coffee shops in a fluctuating market. As prices rise, maintaining customer trust and affordability becomes crucial for their survival.
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