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Talking Business

so somewhere between the two, but it's still 80% more than pre—covid price. add to that the increasing cost of energy, and it's a challenge, a big challenge for big coffee companies to think about how they pass on the costs to their customers who are thirsty for their morning cup of go—gojuice. so i've been catching up with the big boss of lavazza, the iconic italian coffee giant. antonio baravalle, a real pleasure having you on the show. and, antonio, let's start with this, because this week's show, we've been talking about how difficult it is for companies to set prices. and we've seen coffee bean prices go up quite a lot. so i'm just wondering, antonio, how have you dealt with that when it comes to setting your prices? i think that all the industry faces very, very huge cost increase. and also remembering that a company like us is buying in dollars at the new york stock market. so the ratio between dollar and euro is so important. so we only partially pass the cost increase to consumers.

Price , Cost , Costs , Somewhere , Challenge , Add , Customers , Energy , Coffee-companies , Two , 80 , Prices

Talking Business

than pre—covid price. add to that the increasing cost of energy, and it's a challenge, a big challenge for big coffee companies to think about how they pass on the costs to their customers who are thirsty for their morning cup of go—gojuice. so i've been catching up with the big boss of lavazza, the iconic italian coffee giant. antonio baravalle, a real pleasure having you on the show. and, antonio, let's start with this, because this week's show, we've been talking about how difficult it is for companies to set prices. and we've seen coffee bean prices go up quite a lot. so i'm just wondering, antonio, how have you dealt with that when it comes to setting your prices? i think that all the industry faces very, very huge cost increase. and also remembering that a company like us is buying in dollars at the new york stock market. so the ratio between dollar and euro is so important. so we only partially pass the cost increase to consumers.

Price , Cost , Costs , Challenge , Customers , Energy , Coffee-companies , Add , Morning-cup , Go-gojuice , Prices , Show

Talking Business

one year ago, after the invasion of ukraine, thatjumped to $2.33 a pound. and in march this year, it was trading at around $1.68. so somewhere between the two, but it's still 80% more than pre—covid price. add to that the increasing cost of energy, and it's a challenge, a big challenge for big coffee companies to think about how they pass on the costs to their customers who are thirsty for their morning cup of go—gojuice. so i've been catching up with the big boss of lavazza, the iconic italian coffee giant. antonio baravalle, a real pleasure having you on the show. and, antonio, let's start with this, because this week's show, we've been talking about how difficult it is for companies to set prices. and we've seen coffee bean prices go up quite a lot. so i'm just wondering, antonio, how have you dealt with that when it comes to setting your prices? i think that all the industry faces very, very huge cost increase. and also remembering that a company like us is buying in dollars at the new york stock market.

Price , Trading , Somewhere , Pound , Invasion , Ukraine , Two , Thatjumped , 2-33 , 1-68 , 80 , One

Asia Business Report

daylight hours. experts are saying that it is only going to get harsher as the days go by. meanwhile the uk —based sandwich chain has a in india and will open in mumbai on friday. the chief executive said expanding in india has been a long time goal of the brand in that shops will be opened later this year. and they are not the only international brand to open its doors there in india, apple has done so as well. coffee bean prices on the international markets are around 80% higher than they were before the pandemic. prices for consumers have not stopped rising just yet. that is according to the boss of one of the worlds biggest coffee companies. talking to our correspondent for talking business we cutely, he says that there is a bit more inflation that he can see still to come. i

Western-india , Experts , Days-go-by , Sandwich-chain , Uk , Mumbai , On-friday , Brand , Chief-executive , Shops , Goal , Pandemic

GLOBALink | Coffee brands seek cooperation at China's Hainan expo-Xinhua

GLOBALink | Coffee brands seek cooperation at China's Hainan expo-

Hainan , China , Chinese , China-international-consumer-products-expo-in-hainan , Xinhua-global-service , China-international-consumer-products-expo , Xinhua-global , Cicpe , Chinese-coffee-market , Coffee-companies ,

Talking Business

add to that the increasing cost of energy, and it's a challenge, a big challenge for big coffee companies to think about how they pass on the costs to their customers who are thirsty for their morning cup of go—gojuice. so i've been catching up with the big boss of lavazza, the iconic italian coffee giant. antonio baravalle. a real pleasure having you on the show. and, antonio, let's start with this, because this week's show, we've been talking about how difficult it is for companies to set prices. and we've seen coffee bean prices go up quite a lot. so i'm just wondering, antonio, how have you dealt with that when it comes to setting your prices? i think that all the industry faces very, very huge cost increase. and also remembering that a company like us is buying in dollars at the new york stock market. so the ratio between dollar and euro is so important. so we only partially pass the cost increase to consumers. so i would say that at least 50%

Cost , Costs , Challenge , Customers , Energy , Big-boss-of-lavazza , Coffee-companies , Add , Morning-cup , Go-gojuice , Prices , Show

Talking Business

but it's still 80% more than pre—covid price. add to that the increasing cost of energy, and it's a challenge, a big challenge for big coffee companies to think about how they pass on the costs to their customers who are thirsty for their morning cup of go—gojuice. so i've been catching up with the big boss of lavazza, the iconic italian coffee giant. antonio baravalle. a real pleasure having you on the show. and, antonio, let's start with this, because this week's show, we've been talking about how difficult it is for companies to set prices. and we've seen coffee bean prices go up quite a lot. so i'm just wondering, antonio, how have you dealt with that when it comes to setting your prices? i think that all the industry faces very, very huge cost increase. and also remembering that a company like us is buying in dollars at the new york stock market. so the ratio between dollar and euro is so important. so we only partially pass the cost

Price , Cost , Costs , Challenge , Customers , Energy , Coffee-companies , Add , Morning-cup , 80 , Pleasure , Show

Talking Business

the invasion of ukraine, thatjumped to $2.33 a pound. and in march this year it was trading at around $1.68. so somewhere between the two, but it's still 80% more than pre—covid price. add to that the increasing cost of energy, and it's a challenge, a big challenge for big coffee companies to think about how they pass on the costs to their customers who are thirsty for their morning cup of go—gojuice. so i've been catching up with the big boss of lavazza, the iconic italian coffee giant. antonio baravalle. a real pleasure having you on the show. and, antonio, let's start with this, because this week's show, we've been talking about how difficult it is for companies to set prices. and we've seen coffee bean prices go up quite a lot. so i'm just wondering, antonio, how have you dealt with that when it comes to setting your prices? i think that all the industry faces very, very huge cost increase. and also remembering that a company like us is buying in dollars at the new york stock market.

Price , Trading , Somewhere , Pound , Invasion , Ukraine , Two , Thatjumped , 1-68 , -33 , -68 , 2-33

World Business Report

far. tarhub asghar, bbc news, lahore. well, let's stay with the rising cost of food. coffee bean prices on the international markets are up by around 80% since they were before the pandemic according to the boss of lavazza, one of the world's biggest coffee companies. talking to aaron heslehurst for this week's talking business weekly on bbc news, antonio baravalle says he believes there is more inflation to come. i think that all the industry faces very huge cost increase, and also remembering that a company like us is buying in dollars, the new york stock market, so the ratio between dollar and the euro is so important. so we only partially pass the cost increase to consumers, so i would say that at least 50% was absorbed by

Bbc-news , Food , Cost , Coffee-bean-prices , Markets , Stay , Tarhub-asghar , Let , Lahore , World , One , Coffee-companies

World Business Report

that's the future, isn't it? l is there anything you use cash for these days? parking, you know, the pound meters, that is literally... and car washes, that is literally it. so cash may no longer be king, but in time and for some time to come, kings will be on our cash. kevin peachey, bbc news. let's talk about the relative value of the pound, euro or dollar in your pocket and rise in on the rising price of food and drink. coffee bean prices on the international markets are around 80% higher than they were before the pandemic according to the boss of lavazza, one of the world biggest coffee companies. talking to aaron heslehurst for this week's talking business weekly on bbc news, antonio baraveller says he believes there is more inflation to come. i feel that all the industry faces very, very huge cost increase and also remembering that a company like us is buying in dollars at the new york stock market. so the ratio between dollar

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