Coffee prices in Russia more than double in seven years – study ...News

Economy by : (Russia Today) -
The cost of a cup of java has soared by 118% since 2016, according to an analysis A cup of coffee in Russia now costs more than twice as much as it did seven years ago, RBK news outlet reported this week, citing a study from one of the country’s major financial data firms, OFD Platform. According to the findings, the average price of a 150-200ml cup of the beverage in August-September stood at 166 rubles ($1.70). This marks an 11% increase compared to last year and a significant 118% rise compared to the prices in 2016. Authors of the study note that while price growth was slow before 2020, costs started to rise s

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