Coffee Prices: A shortage of coffee beans around the world, in particular due to weather problems in India and lack of supply from Brazil and Vietnam, has led to domestic market prices rising steeply. A well-known coffee trader in Pune, Gandhi s Coffee, said he had to pass on a Rs50/kg price hike to customers.
Rising food prices, including a doubling in the price of tomatoes in India and a shortage of sugar, have increased the nation s headline inflation. Food items make up almost 40% of the Consumer Price Inflation Index and shortages of sunflower and soybean oil, drought in Europe, an international shortage of coffee beans and uneven rainfall across India s agricultural belts have all contributed to price rises.
India Business News: Coffee enthusiasts may find themselves paying more for their cup of joe over the next several months due to a global shortage of beans in major produc