Your cup of coffee may only get cheaper next year, roaster says

The lag between the decline in market prices and what consumer ultimately pay should start to dissipate

Lavazza said he thought a 'recession is not unlikely,', and there were already signs of UK consumers cutting back on spending in response to price increases. Picture: Alessia Pierdomenico/Bloomberg

Consumers should expect to get a cheaper cup of coffee starting next year, one of the world’s leading roasters said.

The cost of wholesale arabica beans has plunged in recent months after reaching the highest level in more than a decade last year, but consumers are still facing elevated prices to get their fix. That’s because companies are working through stocks of beans bought in 2022, as well as adapting to higher packaging and energy costs.