business
Thursday, February 26, 2015
The depreciation of the euro more expensive imported goods of all kinds. This becomes gradually among consumers noticeable. Tchibo coffee prices rise, although green coffee in dollars has become cheaper.
The leading German Tchibo Coffee Group raises in its stores, the price of a pound of coffee by 20 to 30 cents. Cause is the high dollar, according to a letter from the Tchibo management to the customers placed in all the stores. As a result, the price of a pound of green coffee in euros since the middle of last year, have become more expensive by about 1.30 euros to 1.60 euros more than. Therefore, Tchibo would have to adjust the selling prices. “If green coffee cheaper, sales prices go down again,” it says in the letter. Aldi Nord, the top brand of 3.99 to 4.29 euros more expensive.
By the price increase is binding only in
The euro against the dollar in just the past three months, more than ten percent lost value. End of November was a euro worth another $ 1.25, now it’s only $ 1.13. The more expensive all imports, which must be paid in dollars, not just coffee. Also, the sharp drop in crude oil prices is the consumer in the euro area is not fully on.
Source: n-tv.de
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