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business

Starbucks Jumps The Gun On Price Increase

Starbucks is raising prices.
Starbucks is raising prices. Photo Credit: Alan J., Yelp

Starbucks Coffee patrons paid slight price for their lattes and cappuccinos a week early, according to CNBC.com.

The company said Friday that a price increase meant for July 12 was prematurely initiated and that the glitch in the system has been repaired.

There have been price increases the last two years in the same time frame, the first week of July, according to CNBC.com.

Price changes were between five and 20 cents depending on location and product, according to CNBC.com.

Click here to read the report at CNBC.com.

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