Italian Coffee Lovers Fear Price Hike of Beloved Espresso
rome - Italian coffee prices are on the rise due to various factors, leaving coffee enthusiasts concerned about the future costs of their favorite cup of espresso.
It's busy at the famous café and coffee roastery Sant'Eustachio on the square of the same name in the center of Rome. Many people are sitting on the terrace, and customers are constantly streaming in to quickly enjoy a cup of coffee standing up. The bustling scene is no surprise as Sant'Eustachio is renowned for serving the best coffee in Rome.
The café, in operation since 1800 and under its current name since 1938, is open every day from early morning until late at night. Owner Raimondo Ricci proudly mentions the record of up to six thousand customers per day.
Ricci's café only sells coffee or coffee-related products. The coffee served is Arabica, sourced directly from coffee-producing countries like Brazil. He points out the different coffee roasting styles across Italy, varying in taste and intensity in the northern and southern regions.
Despite coffee prices being higher in the north compared to the south, Italian coffee remains more affordable than in most other European countries, with the average price for a standing cup ranging from 1.20 to 1.50 euros. However, recent data indicates a 15% increase in coffee prices in major Italian cities over the past years.
Factors such as climate change, issues in the Red Sea, and international conflicts have contributed to the price hikes, according to Gabriele Melluso from the Italian consumer organization Assoutenti. Melluso fears that upcoming events like the Jubilee in Rome and the Winter Olympics in Milan and Cortina may further raise coffee prices, impacting both Italy's image and daily consumers.
Concerns about future coffee price spikes due to financial speculation and climate change are also raised by Fabrizio Ghidini, vice president of the consumer organization Federconsumatori. Ghidini warns that coffee production costs may escalate, potentially doubling the current prices by 2050.
Looming price increases have led Luigi Morello, president of the National Italian Espresso Institute INEI, to emphasize that quality should dictate prices rather than fixed standards. As coffee enthusiasts in Italy face the prospect of escalating prices, the future affordability of their cherished espresso remains uncertain.
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