Coffee prices will rise even higher, says Giuseppe Lavazza https://www.theguardian.com/business/article/2024/jul/09/coffee-prices-will-rise-even-higher-says-giuseppe-lavazza by diacewrb Tags:Economy 1 comment >On Monday, prices reached $4,300 (£3,356) a tonne. and >the cost of beans could increase by up to 25% over the coming year It was predicted that prices would fall this year, but harvests were far worse than expected and shipping has been disrupted in the Middle East. If you look at other everyday items like cocoa, olive oil, orange juice then inflation isn’t going away. Also depends on how bad hurricane season and bird flu will be this year as well. Leave a ReplyYou must be logged in to post a comment.
>On Monday, prices reached $4,300 (£3,356) a tonne. and >the cost of beans could increase by up to 25% over the coming year It was predicted that prices would fall this year, but harvests were far worse than expected and shipping has been disrupted in the Middle East. If you look at other everyday items like cocoa, olive oil, orange juice then inflation isn’t going away. Also depends on how bad hurricane season and bird flu will be this year as well.
1 comment
>On Monday, prices reached $4,300 (£3,356) a tonne.
and
>the cost of beans could increase by up to 25% over the coming year
It was predicted that prices would fall this year, but harvests were far worse than expected and shipping has been disrupted in the Middle East.
If you look at other everyday items like cocoa, olive oil, orange juice then inflation isn’t going away.
Also depends on how bad hurricane season and bird flu will be this year as well.