Starbucks Corp. will raise prices for its coffee and other freshly made drinks in most of its U.S. stores by 9 cents this month because of rising dairy, energy and fuel costs.
The price
hike will take effect on Tuesday, bumping the cost of most drinks by about 3%. Last Oct. 3, Starbucks raised prices by 5 cents.
The increase will apply to coffees, lattes, frozen Frappuccinos and
some tea-based drinks, including fruit and tea blends made behind the counters in all of its domestic company-operated stores.
The increase will not apply to bottled drinks or food.