Starbucks price hikes brew up storm

The China Post
Date: February 21, 2017
By: Kuan-lin Liu

TAIPEI, Taiwan — Netizens were left spluttering into their skinny lattes Monday after

A Starbucks in Taipei, Monday, Feb. 20. The coffee giant felt the heat from customers after announcing price hikes that are set to go into effect this Wednesday, Feb. 22. (Sun Hsin Hsuan, The China Post)

coffee giant Starbucks announced a raft of price hikes.

The chain, operated in Taiwan by Uni-President, said it would raise the prices of 29 of its drinks, citing an increase in supply costs.

The price of Starbucks’ Coffee of the Day is set to go up by NT$10, with lattes, teas and chocolate beverages seeing a NT$15 hike.

The price of Frappuccinos is set to increase by between NT$5 and NT$20, depending on flavor.

Following the announcement, it didn’t take long for Taiwan’s coffee addicts to hit the internet to voice their anger.    [FULL  STORY]

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