Coffee prices reach staggering high: ‘Everybody’s basically taking a hit’

By Matthew Miller

Published February 22, 2022 12:00am ET

Coffee prices are rising by the week, and small businesses and coffee consumers are taking the hit.

“We’re not making any money on the drip coffees anymore because the cost of coffee has gone up so much,” said Andrea Parrish, owner of Victor’s Celtic Coffee in Redmond, Washington. “We’ve increased prices 6% over the last two weeks. … Everybody’s basically taking a hit.”