{"id":6212,"date":"2022-02-21T12:41:45","date_gmt":"2022-02-21T12:41:45","guid":{"rendered":"https:\/\/cardiffjournalism.co.uk\/cardiffnewsplus\/?p=6212"},"modified":"2022-02-21T12:42:50","modified_gmt":"2022-02-21T12:42:50","slug":"cardiff-coffee-shops-are-hit-by-the-rising-cost-of-business","status":"publish","type":"post","link":"https:\/\/cardiffjournalism.co.uk\/cardiffnewsplus\/cardiff-coffee-shops-are-hit-by-the-rising-cost-of-business\/","title":{"rendered":"Cardiff Coffee Shops are Hit by the Rising Cost of Business"},"content":{"rendered":"\n

With the inflation rate soaring, coffee shops in the city are facing the biggest challenge since Covid.<\/strong><\/h4>\n\n\n\n\n\n\n\n

Coffee shops in Cardiff city centre are worried about the soaring inflation rate. The consumer price index is expected to increase by 8% in April, hitting its highest point in 30 years. <\/p>\n\n\n\n

Rising energy bills, taxes, and the increasing cost of essentials like milk and coffee beans all weigh heavily on the shoulders of the coffee industry. <\/p>\n\n\n\n

Earlier this month, Stag Coffee, a popular caf\u00e9 among students in Cathays announced its closure. <\/p>\n\n\n\n

The manager Conner Kinsella told Walesonline<\/a>: “We’re closing down because of the economy. It’s the perfect storm; the final nails in the coffin. It’s our time really.”<\/p>\n\n\n\n

Meanwhile, another popular Coffee shop in the city centre 200 Degrees on Queen Street has been coping with inflation with mixed feelings. <\/p>\n\n\n\n

“Enough is enough. If it keeps going up, people are not going to want to come out,” said manager Jack Pinnock. <\/p>\n\n\n\n

Mr Pinnock said although costs are going up he has decided not to increase prices yet. Since 200 Degrees has weathered through lockdown and now Covid restrictions are beginning to ease in Wales, he said he is optimistic about the future. <\/p>\n\n\n\n

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