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'Concerned' café owner warns coffee prices will jump amid cost of living crisis
21.10.2022 - 07:15 / dailyrecord.co.uk
A Scottish coffee roaster is worried for the future of his business, as the crippling cost of living crisis is set to jack up prices of the well loved drink.
Robi Lambie, co-founder of café and roastery Cairngorm Coffee in Edinburgh, has warned the cost of a flat white on the high street is likely to top £4 for the first time, as inflation returns to a 40-year high.
This comes as the soaring price of milk, which is the highest level on record, is forcing businesses to bump up prices, with high costs being passed on to customers. The price of a flat white topped £3 at UK chains for the first time ever in August and now experts predict prices are set to rise by more than a third before the end of the year.
Robi said: “We’re very concerned about the impact of inflation on our business. One worry we have is that rising costs could push the price of coffee into a bracket where customers decide it’s more of a luxury lifestyle decision, rather than everyday morning essential.
“With everything considered, we predict the price of a flat white coffee will be at least £4 by the end of the year. It sounds ludicrous, but it’s the position we’re likely to find ourselves in.”
The average price of a pint of milk in August was 62p – the highest since records began in 1971. Lambie continued: “Milk has been significantly undervalued for some time now, so the increase brings it into line with a more realistic price point.
“That does, however, mean margins are tightened and the cost passed on to the customer becomes higher.”
The roastery has seen an increase in the number of customers signing up to its coffee subscription service, as enthusiasts choose to enjoy the brew at home, rather than spending extra on a takeaway cup.
“We’re fortunate
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