Source: CNBC
“While last month’s consumer price index showed that food prices were effectively flat month over month, tariff-sensitive items like coffee beans, specialty teas and spices are showing signs of inflation, worrying small businesses selling those products. According to the Bureau of Labor Statistics, coffee prices surged 14.5% in July year over year. The average retail price for a pound of ground coffee hit $8.41.” (08/13/25)
https://www.cnbc.com/2025/08/13/coffee-and-tea-prices-ramp-up-due-to-tariffs.html