The affordable Italian espresso may soon cost more as the global commodity prices rise
The affordable Italian espresso may soon cost more as the global commodity prices rise
Italians pay around €1.20 for an espresso or €1.50 for a cappuccino, which is quite cheap comparing to other developed countries. This price may increase as much as 66% higher than current rates, stirring concern among consumers and cafe owners alike in a country where affordable coffee has long been a daily ritual for all.
Italy’s cherished coffee culture is facing a significant challenge as global coffee bean prices surge to record highs, potentially forcing Italians to pay up to €2 for their beloved espresso shots.
Assoutenti, a prominent consumer association, estimates that Italians and foreign tourists consume a staggering 6 billion coffees annually at public establishments, generating revenues of approximately €7 billion. This heavy caffeine habit has been fueled by the traditionally low coffee prices in Italy, which are among the lowest in Western Europe.
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