this post was submitted on 15 Sep 2024
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$7USD is over $11NZD. I have no doubt that some places charge a lot for specialty coffee, the article specifically addresses that the cost of your average coffee is catching up on the specialty coffees. But is a regular, normal coffee from a cafe or coffee shop actually $7USD?
In NZ I'd expect ballpark of $5-6NZD for a latte, about half the cost of a $7USD coffee.
Yeah most of that cost is “inflation” (corporate profits are through the roof).