Groceries
Coffee is becoming a little cheaper again
Consumers have recently had to dig deeper into their pockets for coffee. Now prices are falling slightly again, at least for some products.
Coffee prices have recently risen sharply – now they are falling slightly for the first time in a long time. The popular hot drink is becoming a little cheaper again for consumers: the major grocers are reducing the prices of their own coffee brands. This was the result of a survey by the German Press Agency.
At Lidl, Kaufland, Aldi Nord and Aldi Süd, Edeka, Netto, Rewe, Penny and Norma, the corresponding products now cost around seven percent less. A kilo pack of beans costs between 11.99 and 12.99 euros, depending on the variety. 500 grams of ground roasted coffee starts at 5.49 euros.
Sharp rise in prices due to poor harvests
Nevertheless, the products remain significantly more expensive than at the beginning of the year, as data from the comparison app Smhaggle shows. Coffee has become much more expensive in recent years. As recently as 2023, customers paid less than eight euros for a kilo of own-brand beans, and ground roasted coffee cost less than four euros.
The reason for the sharp price increase was higher raw material prices, triggered by drought and poor harvests in important producing countries. Because of the high prices, consumers are increasingly buying special offers.
Coffee plays an important role in trade. Like milk or butter, it is one of the so-called corner products that have a special pulling power and attract customers to the shops.
Food 37 percent more expensive than 2020
The consumer organization Foodwatch accuses supermarkets and discounters of deceiving their customers. “The big discount campaigns turn out to be just a PR stunt. Only a few products, especially ice cream, sweets and alcohol, have actually become permanently cheaper,” said Alina Nitsche from Foodwatch. Many other foods have become more expensive, although the costs of energy and raw materials have fallen again.
Since 2020, consumer prices in Germany have risen significantly overall. Although inflation has eased somewhat recently, according to the Federal Statistical Office, food is still around 37 percent more expensive than five years ago.
dpa
Source: Stern
