Coffee prices have skyrocketed by 70% so far this year, setting new records. The price of arabica beans, the most popular coffee variety, is now at a near-50-year high. Experts warn that it could take years before prices drop significantly.
If you’re someone who enjoys an espresso, cappuccino, or a pumpkin spice latte, you’ve likely noticed the rising cost of your daily caffeine fix. But the price of coffee can vary greatly depending on where you are in the world.
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