Popular coffee shop sees highest price rises in 5 years - more than rivals Starbucks and Costa

The seven most popular drinks have increased by at least £0.90 in the last five year

PA/GETTY
Temie Laleye

By Temie Laleye


Published: 15/08/2024

- 14:44

Updated: 15/08/2024

- 16:27

The seven most popular drinks have increased by at least £0.90 in the last five year, new research has shown

Starbucks, Pret A Manger, Costa Coffee, Caffe Nero and Greggs have all been assessed on how much their prices have increased over the last five years.

Pret A Manger have seen their biggest price hikes on their drinks in the past half decade.


Pret is at the top of the list with their americano increasing in price by £1.30 in the last five years - around 51 per cent.

Caffe Nero comes in as the second most expensive chain according to price rises, followed by Costa, and then Starbucks.

Caffe Nero's drink have gone up on average by £0.94, equating to 39 per cent, while Costa’s drinks are up by an average of £0.91 - an almost identical percentage rise of 38 per cent.

In a surprise to many, Starbucks is the second cheapest coffee chain when it comes to its basic drinks.

Pret A Manger

Pret is at the top of the list with their americano increasing in price by £1.30 in the last five years

Pret A Manger

Their prices have gone up by an average of 25 per cent in the last five years which equates to £0.57.

Greggs has seen the least price rises out of the retailers with an increase of just seven per cent on the selected drink prices.

The research conducted on behalf of Stocklytics explored the cost of a regular cup of tea, americano, cappuccino, flat white, latte, single espresso and hot chocolate now compared to five years ago.

After analysing all the results, it was clear to see that since January 2019, all brands had seen hefty increases regarding their most popular drinks.

Although Pret has put back down the price of their filter coffee to 99p, most of their menu has seen significant price increases in the past five years with no sign of this slowing down.

Greggs has reported this week that they’ve had to lift prices on some food items in its 3,000 stores

Roisin Currie, Greggs chief executive explained some items were up 5p and 10p - including its beloved sausage rolls.


But it remains the cheapest place by far to grab your favourite coffee on the go with an average price increase of just seven per cent in the last five years.

Meanwhile, a hot chocolate is the priciest drink at all the chains examined, with an average current cost of £3.38 based on data available from July 2024.

A Pret spokesperson said: "This research is misleading as it fails to take into account the significant savings available to customers through our Club Pret subscription since 2020.

"The cost of the subscription works out cheaper than buying two lattes every week with customers saving over £60 a month on average, so subscribers are often paying significantly less than the menu price.

Woman drinking coffee at desk

Inflation for food and non-alcoholic drinks dipped to four per cent for the month

PEXELS


"The data also doesn’t include our Filter Coffee price, which costs just 99p.”

UK inflation dropped to a fresh two-and-a-half year low in March on the back of a further easing in food prices, official figures have shown.

The Office for Naional Statistics (ONS) said Consumer Prices Index inflation stood at 3.2 per cent in March, down from 3.4 per cent in February. It marks the lowest level since September 2021, but was nonetheless slightly higher than economists expected

Inflation for food and non-alcoholic drinks dipped to four per cent for the month, from five per cent in February, to reach its lowest level since November 2021.

The increased slowdown was partly driven by a fall in meat prices and lower rises for bread and cereals, the ONS said.

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