hy, Cup Coffee Prices to Increase by an Average of 200 Won Starting March
[Asia Economy Reporter Eunmo Koo] hy (Korea Yakult) has raised the prices of its cup coffee products.
According to the distribution industry on the 1st, hy raised the wholesale prices of some coffee products in both online and offline channels by an average of 200 KRW on the 2nd of last month. Due to the price increase, the selling prices are currently being adjusted across each channel.
Notably, the 'Cold Brew Americano' and 'Hot Brew Vanilla Latte' have each increased to 2,200 KRW and 2,700 KRW respectively, making them 200 KRW more expensive than before.
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An hy official explained, "We have delayed the timing of the price increase as much as possible, but due to the continuous rise in international coffee prices, labor costs, and logistics expenses, adjusting the wholesale price became unavoidable."
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