Cup of coffee went up 20% overnight

[Anonymous]

I stopped in to get my usual coffee from Dunkin this morning, and it went from $2.19 to $2.63 since last Friday. It's a size small, and today is my first day back in the office this week. Seeing the impact of inflation front row is startling.

[Anonymous]

Inflation is waning, at least.

[Anonymous]

I bailed on ordering Papa Johns last night because what was recently about $24 was $35! Carryout!

[Anonymous]

make your own coffee, make your own pizza

[Anonymous]

You’re just now seeing the impact of inflation? Lemme guess, you don’t do the grocery shopping.

[Anonymous]

Dunkin is franchises, though. An owner is setting the price, not corporate. Some of this is about how much someone feels the customer will pay and not actual cost. You just don't know why that price changed.

[Anonymous]

Every time you complain about inflation, check out corporate profits.

[Anonymous]

We buy whole bean for home, and as of last week it's gone up $5 since the beginning of the pandemic.

[Anonymous]

Anonymous wrote:Dunkin is franchises, though. An owner is setting the price, not corporate. Some of this is about how much someone feels the customer will pay and not actual cost. You just don't know why that price changed.

How is that different from corporate setting the prices? Price is always a function of expenses and what people think customers will pay.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Dunkin is franchises, though. An owner is setting the price, not corporate. Some of this is about how much someone feels the customer will pay and not actual cost. You just don't know why that price changed.

How is that different from corporate setting the prices? Price is always a function of expenses and what people think customers will pay.

I think more businesses are realizing that they can move away from pricing based on expenses and closer to maximizing revenue based on what customers will pay. Consumers have had more tolerance for price inflation than most economists predicted and businesses have noticed.

[Anonymous]

Many species of coffee is going extinct due to global warming. This was in news recently. 10 more years and there will be no coffee.

Coffee, chocolate and rice will be majorly impacted.

[Anonymous]

Anonymous wrote:Many species of coffee is going extinct due to global warming. This was in news recently. 10 more years and there will be no coffee.

Coffee, chocolate and rice will be majorly impacted.

Those are three of my favorite things! Hopefully, they will invent a way to recreate them in a lab otherwise; there will be no point in living.

[Anonymous]

We brew DD coffee at home. I buy ground beans from Costco. The container we get is now 40 oz (not sure what it was 5 years ago when we started this.) The price used to be about $16 and it is now $22 or $23.

I can imagine that the stores are seeing comparable price increases, but brewing at home is definitely more economical.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dunkin is franchises, though. An owner is setting the price, not corporate. Some of this is about how much someone feels the customer will pay and not actual cost. You just don't know why that price changed.

How is that different from corporate setting the prices? Price is always a function of expenses and what people think customers will pay.

I think more businesses are realizing that they can move away from pricing based on expenses and closer to maximizing revenue based on what customers will pay. Consumers have had more tolerance for price inflation than most economists predicted and businesses have noticed.

I agree with this but it will backfire soon because too many businesses are doing this and "ruining it for everyone." Many businesses will lose customers who will not come back.

[Anonymous]

https://www.euronews.com/green/2022/02/03/is-a-coffee-shortage-inevitable-as-climate-change-gets-worse

Wean yourself off coffee now. If your kids are not drinking coffee, do not start them on coffee.