Railing in opposition to value of espresso as costs soar

Caffe Nero has ratcheted up the price of a big latte from £3.30 final summer season to £3.80 at present. Large cappuccinos are additionally up 50p, from its Manchester Piccadilly department.

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Meanwhile, Costa says “increasing costs” are behind its worth hikes. Last yr a big latte or cappuccino was £3.85 at its West-minster Underground station in London, however this yr the identical drink prices £4.15.

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A big Americano has gone up from £3.35 to £3.60 and a flat white from £3.30 to £3.55.

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Costa mentioned: “Like all retailers, we continue to face increasing costs and have had to make the difficult decision to raise the prices of our drinks.

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The changes depend on the product and location – such as rail stations where operating costs are significantly higher.” The largest improve we discovered at Costa was a big mocha, which has soared from £4 to £4.35 in simply over 12 months.

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Susannah Streeter, from Hargreaves Lans-down, mentioned: “We’ve seen scorching rises in the price of already pricey cups of coffee over the past year.

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£4 certainly seems a lot to pay, but companies have faced price hikes in operational costs. Wages bills have been shooting up and they’re paying more for ingredients.”

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Caffe Nero was contacted for remark.

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