Have you noticed that you are paying more for your favorite beverage, coffee? We’ll you are correct. An average cup at your local coffee shop averages about $4.50. Five years ago it was around $3.85. That is about a 17% increase, compared to an overall inflation rate of 10%. What is causing this sharp increase? There are a lot of issues factoring into this. The coffee industry runs on very thin margins and is a very competitive business. COVID lockdowns have disrupted the shipping of beans, which has adversely affected the supply of coffee worldwide. Another major disruptor of the […]