Coffee prices down 3.8 percent from August 2015 to August 2016

September 29, 2016

Today is National Coffee Day, a day that always perks us up. To mark the occasion, we look at trends in coffee prices over the past decade. Coffee prices were 22 percent higher in August 2016 than they were in January 2006. That’s about the same increase as the Consumer Price Index for all items. Coffee prices have moved up and down much more sharply than overall consumer prices, however. Coffee prices were 3.8 percent lower in August 2016 than a year earlier; overall consumer prices were 1.1 percent higher.

 

 

Consumer Price Indexes for coffee, tea, and fresh sweetrolls, coffeecakes, and doughnuts, not seasonally adjusted, January 2006 to August 2016
        Month                 All items                 Coffee         Roasted coffee Instant and freeze dried coffee Other beverage materials, including tea Fresh sweetrolls, coffeecakes, doughnuts

Jan 2006

100.000 100.000 100.000 100.000 100.000 100.000

Feb 2006

100.202 100.184 99.941 100.512 101.375 99.909

Mar 2006

100.756 102.207 102.496 100.455 101.117 100.501

Apr 2006

101.614 101.717 102.020 100.114 99.313 99.636

May 2006

102.118 102.636 102.852 101.023 98.883 101.093

Jun 2006

102.320 101.533 100.772 101.478 98.540 100.638

Jul 2006

102.622 100.981 100.238 100.512 98.368 101.549

Aug 2006

102.824 101.839 100.357 101.990 99.141 101.777

Sep 2006

102.320 101.288 100.238 100.512 99.570 100.866

Oct 2006

101.765 101.533 100.000 103.184 100.172 102.050

Nov 2006

101.614 100.429 98.990 103.582 102.491 101.640

Dec 2006

101.765 101.655 98.812 107.163 102.148 102.642

Jan 2007

102.076 104.473 102.291 107.779 101.872 101.856

Feb 2007

102.622 106.031 104.220 108.383 102.485 100.955

Mar 2007

103.556 106.796 106.018 106.607 102.922 101.653

Apr 2007

104.229 106.738 105.680 107.737 102.167 103.017

May 2007

104.866 108.189 106.960 108.277 101.913 103.181

Jun 2007

105.069 108.277 107.289 108.162 102.277 103.781

Jul 2007

105.042 109.929 109.137 109.409 101.582 104.280

Aug 2007

104.850 110.574 109.498 110.387 103.198 104.569

Sep 2007

105.139 108.161 107.635 106.501 103.630 105.464

Oct 2007

105.364 108.546 108.303 106.396 104.654 104.805

Nov 2007

105.989 107.251 106.883 106.097 103.853 106.570

Dec 2007

105.918 107.347 107.399 104.622 104.494 106.154

Jan 2008

106.445 110.109 109.791 108.899 106.247 106.375

Feb 2008

106.754 109.164 108.068 110.745 104.450 108.557

Mar 2008

107.679 111.963 110.723 113.259 105.991 108.885

Apr 2008

108.332 116.202 115.560 116.484 104.363 110.567

May 2008

109.245 117.354 116.632 117.518 103.823 109.666

Jun 2008

110.345 117.145 116.081 117.518 104.415 112.432

Jul 2008

110.925 118.399 117.438 118.153 104.279 114.821

Aug 2008

110.482 118.646 117.799 118.559 106.338 114.160

Sep 2008

110.329 118.188 116.972 120.059 104.935 114.895

Oct 2008

109.215 117.574 116.343 119.111 107.708 114.205

Nov 2008

107.123 114.657 113.368 118.279 107.428 113.624

Dec 2008

106.015 113.997 112.358 117.849 106.399 114.054

Jan 2009

106.477 115.204 113.882 117.032 108.442 115.467

Feb 2009

107.006 115.208 114.033 117.511 107.773 115.396

Mar 2009

107.266 114.733 113.432 117.178 108.526 115.697

Apr 2009

107.534 113.861 113.159 114.173 105.892 113.367

May 2009

107.845 113.731 112.542 114.166 105.600 115.975

Jun 2009

108.771 115.026 114.447 114.693 104.831 114.347

Jul 2009

108.599 114.956 114.985 112.818 104.325 114.641

Aug 2009

108.842 115.525 115.312 113.302 107.358 115.431

Sep 2009

108.910 115.145 115.150 113.022 106.790 114.742

Oct 2009

109.015 114.284 113.904 112.279 107.458 113.142

Nov 2009

109.092 112.292 111.960 112.360 107.326 114.159

Dec 2009

108.900 110.853 110.026 111.906 107.354 114.572

Jan 2010

109.272 113.761 113.847 112.349 107.579 114.499

Feb 2010

109.300 113.223 112.958 112.761 108.443 115.857

Mar 2010

109.748 113.066 112.977 112.457 108.728 115.304

Apr 2010

109.939 112.673 112.227 112.454 108.026 115.461

May 2010

110.024 112.985 112.944 113.018 106.641 116.525

Jun 2010

109.917 113.316 113.299 113.093 105.866 114.020

Jul 2010

109.940 112.929 112.890 112.404 106.735 114.409

Aug 2010

110.092 114.638 114.883 112.461 106.735 114.943

Sep 2010

110.156 116.851 117.113 115.172 107.519 116.776

Oct 2010

110.293 117.728 118.208 114.816 106.068 115.164

Nov 2010

110.339 116.731 117.386 113.724 107.398 115.779

Dec 2010

110.529 113.660 113.791 113.144 106.554 115.213

Jan 2011

111.055 119.334 120.184 115.349 107.326 115.789

Feb 2011

111.603 119.099 120.124 116.044 108.382 117.414

Mar 2011

112.691 123.750 125.175 117.389 108.403 116.385

Apr 2011

113.417 128.197 129.849 119.164 107.833 117.285

May 2011

113.951 131.032 133.147 118.816 107.851 119.681

Jun 2011

113.829 133.236 135.510 119.182 107.431 120.686

Jul 2011

113.929 136.255 138.531 124.201 106.704 120.457

Aug 2011

114.244 138.060 140.508 123.803 107.557 123.011

Sep 2011

114.417 135.605 137.874 122.421 108.358 122.089

Oct 2011

114.181 136.332 138.676 122.213 107.436 123.257

Nov 2011

114.085 136.653 139.851 118.961 108.166 123.698

Dec 2011

113.803 135.644 137.554 124.558 108.847 122.378

Jan 2012

114.304 137.737 140.433 124.242 108.560 124.748

Feb 2012

114.807 135.907 138.430 122.929 108.631 125.576

Mar 2012

115.679 135.917 138.936 119.744 107.722 125.425

Apr 2012

116.029 135.574 137.557 123.666 109.109 122.431

May 2012

115.893 134.519 136.299 123.715 106.785 124.073

Jun 2012

115.723 132.907 134.421 121.659 108.903 125.277

Jul 2012

115.534 132.436 133.938 123.446 108.073 123.969

Aug 2012

116.177 132.819 134.373 123.417 108.569 127.311

Sep 2012

116.695 131.275 132.815 120.438 108.648 126.261

Oct 2012

116.650 131.073 132.607 120.693 108.569 127.722

Nov 2012

116.097 129.836 131.735 118.793 107.982 128.026

Dec 2012

115.785 129.812 131.365 119.719 108.712 129.020

Jan 2013

116.127 130.803 132.071 122.247 109.688 129.744

Feb 2013

117.078 130.334 131.555 122.482 109.430 130.557

Mar 2013

117.384 129.152 130.562 121.064 109.552 132.067

Apr 2013

117.262 127.089 128.149 117.046 110.140 132.640

May 2013

117.471 127.147 128.484 116.779 109.217 132.467

Jun 2013

117.753 125.759 126.635 116.181 109.051 133.769

Jul 2013

117.799 125.781 126.470 117.121 109.137 133.074

Aug 2013

117.941 123.907 124.463 115.908 109.221 132.920

Sep 2013

118.078 122.395 123.083 116.061 109.734 131.620

Oct 2013

117.774 122.465 122.933 117.334 111.007 131.811

Nov 2013

117.534 121.327 121.391 116.808 109.406 131.410

Dec 2013

117.523 120.003 119.557 117.958 109.412 132.145

Jan 2014

117.961 120.901 121.400 114.848 110.641 134.480

Feb 2014

118.397 120.077 120.406 114.746 109.979 132.140

Mar 2014

119.159 121.373 121.509 116.684 109.863 132.099

Apr 2014

119.552 121.366 121.305 116.335 110.916 133.206

May 2014

119.970 122.061 122.329 114.627 110.620 131.985

Jun 2014

120.193 122.394 122.362 117.630 109.557 132.125

Jul 2014

120.146 123.929 124.179 118.797 110.099 130.840

Aug 2014

119.946 126.029 126.696 117.077 109.125 133.619

Sep 2014

120.036 125.722 126.146 118.026 109.925 131.190

Oct 2014

119.734 125.566 126.021 116.985 110.386 131.233

Nov 2014

119.088 124.990 125.643 116.002 110.992 130.538

Dec 2014

118.413 124.324 124.526 118.253 110.454 132.935

Jan 2015

117.855 128.216 129.490 118.171 110.116 133.728

Feb 2015

118.367 126.984 127.468 120.746 111.686 129.902

Mar 2015

119.072 126.893 127.817 118.319 110.101 133.475

Apr 2015

119.314 128.267 129.503 117.993 109.504 135.008

May 2015

119.922 127.242 128.267 116.832 107.868 132.993

Jun 2015

120.342 125.562 126.568 116.374 109.540 133.292

Jul 2015

120.350 127.422 128.643 116.721 109.430 134.616

Aug 2015

120.180 126.754 128.566 114.095 110.336 135.280

Sep 2015

119.992 125.228 127.157 113.119 109.314 134.680

Oct 2015

119.938 124.770 126.559 111.834 109.458 134.926

Nov 2015

119.685 122.454 124.688 111.725 110.235 136.053

Dec 2015

119.276 122.458 124.183 112.667 111.047 131.977

Jan 2016

119.474 124.487 126.654 111.684 111.025 133.482

Feb 2016

119.572 123.603 125.495 112.780 111.886 134.523

Mar 2016

120.087 122.736 123.949 113.276 110.248 133.528

Apr 2016

120.656 122.822 124.813 111.714 111.356 133.248

May 2016

121.148 123.979 125.471 113.977 110.089 132.755

Jun 2016

121.552 122.802 124.412 112.670 107.954 134.328

Jul 2016

121.355 122.385 123.740 111.018 110.102 134.588

Aug 2016

121.459 121.933 123.082 113.599 110.784 132.825

Prices for roasted coffee have increased more rapidly over the past decade than prices for instant and freeze dried coffee. Prices for roasted coffee were 23 percent higher in August 2016 than in August 2006. By comparison, prices for instant and freeze dried coffee rose 14 percent over the same period.

If you drink tea, you may like to know that prices for other beverage materials, including tea, increased 11 percent from August 2006 to August 2016.

Coffee and tea go best with a little something sweet to eat. Prices for fresh sweetrolls, coffeecakes, and doughnuts rose 33 percent from August 2006 to August 2016.

These data are from the Consumer Price Index program and are not seasonally adjusted. To learn more, see "Consumer Price Index — August 2016" (HTML) (PDF).

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Coffee prices down 3.8 percent from August 2015 to August 2016 on the Internet at https://www.bls.gov/opub/ted/2016/coffee-prices-down-3-point-8-percent-from-august-2015-to-august-2016.htm (visited January 19, 2018).

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