Coffee prices rise up to 50 per cent globally

News Snapshot:

The cost of a cuppa is set to surge, with coffee and tea prices spiralling on global markets. Wholesale coffee prices are up by more than 20 per cent since January after crops were hit by extreme weather in key producing countries, including Vietnam and Brazil. Tea costs have jumped by 34 per cent in the past month alone due to rising industry costs and the Red Sea crisis affecting container ship movements. UK coffee shops rely on Robusta and Arabica beans for the millions of americanos, lattes and cappuccinos they make. TheNightly Get in front of tomorrow's news for...