Reported about 15 hours ago
The average price of ground coffee in the U.S. has surged to $9.14 per pound in September, reflecting a 3% rise from August and a substantial 41% increase from the previous year. Factors contributing to this spike include high tariffs on imported coffee, particularly from Brazil and Colombia, and adverse weather conditions affecting global production. As a result, many coffee businesses are raising prices to cope with increased costs while Congress debates potential tariff repeals to alleviate the burden on consumers.
Source: YAHOO