- 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.