US Coffee Prices Spike Due to Tariffs and Poor Weather
It’s getting more expensive for Americans to get their caffeine fix. The 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 the U.S. Labor Department, 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 consumer price index, which measures a broader sample of all coffee products, including instant coffee, showed U.S. coffee prices up 19% from September 2024 and flat compared to August.
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.
Coffee prices have been increasing sharply since the start of this year.
U.S. coffee prices are rising due to tariffs and poor weather.
Author's summary: US coffee prices surge due to tariffs and weather issues.