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Coffee prices in Canada rose 28% in a year due to global supply shortages and rising Asian demand.
Coffee prices in Canada have surged nearly 28% over the past year, with roasted coffee up 35.2% and instant coffee up 19.7%, far outpacing overall food inflation.
Reduced global production due to droughts, frosts, and climate instability in major exporters like Brazil and Vietnam has tightened supply.
Rising demand in Asia, where middle-class consumers are shifting from tea to coffee, has further strained availability.
The farmgate price has jumped 266% over five years, and Canadian households now spend an average of $169 annually on coffee, more than double the 2010 figure.
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Los precios del café en Canadá aumentaron un 28% en un año debido a la escasez de suministro global y al aumento de la demanda asiática.