coffee

Costa Coffee supplied coffee for the Tokyo and the Paris Games after the British chain was acquired by Coca-Cola — one of the International Olympic Committee’s longest-standing and most prominent partners — in 2019.

Grocery prices also increased 0.6% in the month to August, with particularly strong gains for coffee, a product that is sensitive to tariffs.

It said prices have now stabilised or declined for some key commodities like cocoa, coffee and olive oil.

The diner, which had been serving up hot coffee, burgers and breakfast platters for more than 100 years, was acquired this week by real estate developer Leo Pustilnikov.

The birthplace of coffee is widely considered to have been in the highlands of Ethiopia.