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Coffee prices in general have been falling for decades. The 2011 price peak was unusual and resulted in far higher prices than in 2001 and makes the current pri
by Retric 3y ago
Coffee prices in general have been falling for decades. The 2011 price peak was unusual and resulted in far higher prices than in 2001 and makes the current price spike less noticeable. https://dripbeans.com/coffee-price-history/ https://dripbeans.com/coffee-price-history/
More efficient farming has largely offset inflation just as with most other agricultural commodities resulting in fairly flat prices over time barring occasional spikes.
- anovikov 3y agoWell in a way, all small cafes compete with each other and it doesn't have to be about coffee (and definitely not about raw coffee prices as agri commodity, which are certainly <1% of their gross revenue). Somehow i have to pay twice as much for a burger in many joints, vs 15 years ago, about 1.5x as much for an espresso elsewhere, but exactly as much in Starbucks, and that gets me thinking.
- deleted 3y ago[deleted]
- Retric 3y agoIt’s well over 1% of their gross revenue and why your coffee shop didn’t need to raise prices as much as your burger joint. Also independent coffee joints generally get pricing wrong from a business perspective. But that’s a different question.