• New York Daily News, Thursday, December 16, 2010 10:28 AM

The company raised the price of roast and ground coffee by about 12%, or the equivalent of 35 cents a pound, and instant coffee by about 4%, or 2.5 cents an ounce.

"The price increase was due to significant and sustained increases in the price of green coffee," said spokeswoman Bridget MacConnell, referring to unroasted coffee beans.

Similarly, Starbucks announced in September that due to rising green coffee costs, it would raise prices of labor-intensive and larger-size beverages.

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