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Starbucks hikes prices

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Starbucks hikes prices

Metro

SEATTLE, Wash – It costs a little more to buy that latte at Starbucks.

The Seattle-based company has announced a price increase of about one percent throughout the U.S.

The price hike, which took effect yesterday, is the first for Starbucks in about 18 months.

The company is raising prices at a time when coffee costs are falling.

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