Turkiye: A 40% increase in coffee prices is on the way, it will be valid on Monday

Published 2024년 9월 7일

Tridge summary

Coffee prices in Turkey are set to increase by 40% due to rising global prices, supply chain costs, and the impact of high temperatures on the global supply chain. This price hike is expected to affect many coffee chains, including Starbucks, which has numerous branches in Turkey. The increase is also attributed to regulations from the European Union and the significant rise in the cost of coffee beans imported from Africa.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Coffee prices, which are consumed daily by millions of citizens in Turkey, are going up by 40 percent. The increase in global markets and the huge increases in supply will cause prices to increase. COFFEE PRICES ARE GOING TO RISE ON MONDAY Due to the inflation experienced in Turkey and the increasing costs in the international supply chain, coffee prices are going up by 40 percent. Coffee producers, who have a large share in the market, have decided to increase their products by 40 percent as of Monday next week. A RAIN OF PRICE HITS HIT COFFEE PRICES TOO While temperatures above seasonal norms are causing serious problems in the global supply chain, European Union regulations will also cause coffee prices in Turkey to increase even more. The historic increase in the prices of coffee beans imported from Africa will cause many coffee chains to increase prices ...
Source: Milligazete

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