Another one bites the dust, page-8

  1. 12,112 Posts.
    lightbulb Created with Sketch. 39

    Australians drinking more instant coffee as cost of living pressures mount for customers and cafes

    /
    Posted Tue 14 May 2024 at 6:45amTuesday 14 May 2024 at 6:45am
    A man wearing a black t shirt standing in front of a coffee machine, where a woman is making coffee.
    Bricks and Mortar coffee shop owner Peter Loring says hospitality is a tough industry to break into. ()

    Link copied


    • 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.


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.