Twitter (0)
Facebook (17)
Share
- Stumble Upon
- Reddit
- Linkedin
- Digg
What is this?
Share
Comments

9 Cent Cup Of Coffee Goes Up To 50 Cents

January 27, 2012

Listen to the Story

[1 min 10 sec]

text size A A A

January 27, 2012

A Los Angeles restaurant famous for its 9 cent cup of coffee is raising the price to 45 cents -– 50 cents with tax. Management at Philippe the Original told the Los Angeles Times they can no longer keep up with the cost of coffee.

STEVE INSKEEP, HOST:

And today's last word in business is say it ain't so - or actually, say it ain't Joe.

A Los Angeles restaurant famous for its nine cent cup of coffee is raising the price to 45 cents - 50 cents with the tax. Management at Philippe the Original told the L.A. Times they can no longer keep up with the cost of coffee. The family-run restaurant has been serving French dip sandwiches since 1908, along with eight-ounce mugs for less than a dime.

Loyal patrons told the Times they do not mind this 400 percent hike for coffee. In fact, they wondered what took so long. And, of course, it is still cheaper than a vanilla mocha frappe latte with whip.

That's the business news on MORNING EDITION from NPR News. I'm Steve Inskeep.

Copyright © 2012 National Public Radio®. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to National Public Radio. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.