Starbucks Is Raising Its Drink Prices

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Starbucks is raising prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most coffee drinks. (luizfilipe/Flickr)

Starbucks will be charging more for its coffee drinks, despite a decline in the price of raw coffee. The company says it’s due to rising rents and wages. Jason Bellini of The Wall Street Journal joins Here & Now’s Peter O’Dowd to talk about how it might affect sales and whether the competition will follow suit.

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