The price of the Pumpkin Spice Latte is anticipated to go up at Starbucks coffee shops across the nation.
The company said in a press release, “The first sip of a Starbucks Pumpkin Spice Latte or Pumpkin Cream Cold Brew cues the unofficial start of the fall season for many customers, and Starbucks is celebrating its return alongside a full menu of fall favorites.”
According to a report from CNN, the fall beverage will face costs between $5.45 and $5.95 for a grande-sized cup, marking a 4 percent increase compared to last autumn. The change arrived months after former Starbucks CEO Kevin Johnson shared plans to increase prices due to labor costs and other inflationary pressures.