Would You Believe Dunkin’ Donuts is Raising Prices

Amidst global shortage, Dunkin’ Donuts will be raising its coffee prices.  

Ok, Folgers or Dunkin’ Donuts purchasers.  We have some bad news…  coffee from these guys is probably going to cost you more.  The CEO of Dunkin’ Brands, Nigel Travis stated on Monday that “store prices of coffee is going to go up, shouldn’t be by much, though”.  It appears that trends from other vendors suggest that global pressure is causing the this price rise.  Coffee rust, a fungus that critically damages coffee plants has wasted crops in many parts of Central America.  In addition, Brazilian drought has also caused coffee prices to go up drastically.  J.M. Smucker associated with Dunkin’ Brands is going to raise the price of Folgers and Dunkin’ Donuts supermarket coffee to around 9%.  Prices had not been raised for three years.

Good News for Starbuck drinkers, they said that they will not be raising their prices.

 

 

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