Tag Archives: Coffee prices

Coffee prices in the EU were up 16.9% year-on-year in August, according to the latest figures from the bloc’s statistical office. The soaring cost has made “this morning staple almost a luxury,” Eurostat said in a report released on Thursday. The price of fresh whole milk was also on average …

While world coffee reserves plunged to the lowest level in more than two decades and deliveries fall amid high shipping costs, dwindling amounts held in reserves will keep coffee prices near record levels. As Bloomberg reported, stockpiles of high-end arabica beans, a favorite of artisan coffee shops and chains like …