Canadian coffee prices rise nearly 28% due to global supply issues

Canadian coffee prices have surged by nearly 28% in the past year, significantly outpacing overall food inflation. This sharp increase is attributed to adverse weather conditions in major coffee-producing countries like Brazil and Vietnam, leading to reduced production and exports. Roasted and ground coffee saw the largest price jump. Experts suggest that unpredictable weather patterns, increased demand in Asia, and past trade tariffs have contributed to sustained higher coffee prices, with no immediate relief expected.