Current Weather
The Spy FM

A Starbucks Coffee Will Cost 10 Cents More In Some Regions

Filed by KOSU News in Business.
January 3, 2012

If you, like me, order a tall coffee when you go to Starbucks, you’ll be paying 10 cents more. The Seattle coffee chain is raising prices in the Northeast and across the Sunbelt with the exception of California and Florida.

Cities like Boston, New York, Atlanta and Dallas will also see an increase of about 1 percent on other drinks. Starbucks said its next bigger size, grande, will cost the same.

Jim Olson, a company spokesman, told the AP “the prices reflect competition in certain markets and higher costs for coffee, fuel and other commodities.”

The Christian Science Monitor reports:

“The price boost comes at a time when inflation is a significant worry for consumers. During the past 12 months, food prices in the US are up an average of 4.6 percent, and overall inflation in consumer prices was 3.4 percent, according to the US Bureau of Labor Statistics.

“Consumers have seen prices rising over the past year on everything from fuel to health care, college tuition to clothing.

“Food chains like McDonald’s have been part of the trend – and something consumers easily notice.”

The Seattle Times reports that Starbucks had raised prices in November for the Pacific Northwest, California, the Midwest and Hawaii. Part of the reason is that “coffee commodity prices hit multi-decade highs in the past year.” [Copyright 2012 National Public Radio]

Leave a Reply

6PM to 6:30PM Marketplace

Marketplace

Hosted by Kai Ryssdal, award-winning Marketplace is public radio's daily magazine of business and economics.

Listen Live Now!

6:30PM to 7PM All Things Considered

All Things Considered

For two hours every weekday, All Things Considered hosts Robert Siegel, Michele Norris and Melissa Block present the program's trademark mix of news, interviews, commentaries, reviews, and offbeat features.

View the program guide!

7PM to 9PM The Oklahoma Rock Show

The Oklahoma Rock Show

The Oklahoma Rock Show filters through dozens of submissions a week to find the best in new local music. Ryan LaCroix is the host and mastermind behind the show and teaches at the Academy of Contemporary Music at the University of Central Oklahoma (ACM@UCO).

View the program guide!

Upcoming Events in your area (Submit your event today!)

Streaming audio and podcasts

Stream KOSU on your smartphone

Phone Streaming

SmartPhone listening options on this page are intended for many iPhones, Blackberries, etc. with low-cost software applications available to listen to our full-time web streams, both News on KOSU-1 and Classical on KOSU-2.

Learn more about our complete range of streaming services

We're perfecting the patient experience - Stillwater Medical Center