Price of a cup of coffee across Europe jumps 17% to become 'almost a luxury'

The cost of milk, sugar and coffee have all risen sharply over the past year

"Kicking off the day with a mug of hot coffee is a daily routine for many," Eurostat said.

The price of a cup of coffee has jumped by 17% across Europe in the past year, making it almost a luxury purchase, according to Eurostat in its latest analysis of price hikes. 

The EU statistics office also highlights the jump in prices for milk, up by over 24% in August from a year earlier and the 33% leap in sugar prices, ingredients that may likely add to the cost of the morning beverage.