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tbirdsrgo

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30/05/24

11:52

Post #: 74080914
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Originally posted by SonicBlast: ↑

Australians drinking more instant coffee as cost of living pressures mount for customers and cafes
ABC South East SA
/ By Becc Chave and Sam Bradbrook
Posted Tue 14 May 2024 at 6:45amTuesday 14 May 2024 at 6:45am
Bricks and Mortar coffee shop owner Peter Loring says hospitality is a tough industry to break into. (ABC South East SA: Sam Bradbrook)

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In short: Cost of living pressures are not stopping Australians from drinking coffee, but they are changing our consumption habits.
Consumers are turning to cheaper alternatives, like instant coffee, instead of returning to cafes multiple times a day.
What's next? Cafes are grappling with a combination of fewer customers and higher costs, as the price of a coffee looks set to rise.
How much is your morning coffee worth to you?
As more Australians find themselves under increasing cost of living pressure, many are cutting back on expenses like eating out or drinking at pubs and bars.

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Nothing can beat extra hot latte from a good cafe.
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