Coffee Bean Raises Prices of Some Drinks Including Latte by 200 Won Each

Effective from this day... "Impact of Crude Oil Price Increase"

Price Increase Notice Posted on The Coffee Bean Website. Photo by The Coffee Bean Website

[Asia Economy Reporter Moon Hyewon] Coffee Bean raised the prices of 31 milk-containing beverages by 200 KRW each starting from the 3rd.

According to Coffee Bean, from that day, the price of a Small (S) Cafe Latte increased from 5,600 KRW to 5,800 KRW, Vanilla Latte from 6,100 KRW to 6,300 KRW, Caramel Macchiato from 6,600 KRW to 6,800 KRW, and Hazelnut Iced Blended from 6,800 KRW to 7,000 KRW.

Coffee Bean explained, "Due to the increase in raw milk prices continuing since 2020, we have adjusted prices only for beverages containing milk such as lattes and iced blended drinks."

Coffee Bean had previously raised product prices several times last year as well. In January last year, the prices of 10 types of tea beverages, including 'English Breakfast,' were increased by up to 20%, adjusting them to the 6,000 KRW range. In February of the same year, prices of 49 products including coffee beverages were raised by 100 KRW each, and just three months later in May, prices of 40 beverage menu items including dairy products were increased by 100 KRW to 300 KRW. Additionally, in August last year, the price of the morning menu 'Happy Morning' was raised by 50%, from 1,000 KRW to 1,500 KRW.

This content was produced with the assistance of AI translation services.