Bengaluru residents will soon face a 10% to 15% increase in the price of their beloved filter coffee, starting in March. This hike follows a sharp rise in the cost of coffee powder.
The Bruhat Bengaluru Hoteliers Association (BBHA) made the decision after the price of coffee powder jumped by ₹100 per kilogram. For example, the cost of Arabica coffee powder, a popular brand used by local restaurants, went from ₹588 per kg on January 15 to ₹725 per kg by February 6.
“The price of coffee powder went up by ₹110 per kg in February, and we expect another ₹100 increase in March. We’ve never seen such a large increase before, as it used to be just ₹20 or ₹30 per kg. Unfortunately, we have no choice but to raise prices at our restaurants,” said P.C. Rao, president of the BBHA.
Currently, the average price of filter coffee is ₹12 to ₹15 per cup, depending on the quantity. After the price hike, customers will pay ₹13 per cup and ₹18 per cup, respectively.
“Some restaurants have already raised their prices, and many more will follow suit starting March 1. Milk prices are also expected to rise by 5%, so some places are waiting for that to happen before adjusting their prices,” Rao added. “But with 80% of our transactions being digital now, we don’t need to worry about giving exact change anymore.”
While the price increase may seem small for one cup, regular coffee drinkers say it could add up over time.
“I’ve already cut down my filter coffee from three cups a day to two to save money. But with the price going up to ₹18 per cup, I might have to reduce it even more. Otherwise, I’ll end up spending almost ₹900 more on coffee each month,” said Harsha S., a resident of Uttarahalli.
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