Starbucks Coffee Raising Prices Starting Next Week

Looks like us Starbucks lovers will have to dig a little deeper into our wallets starting next week.

Prices will reportedly spike as much as 30 cents per beverage beginning July 12th. What a bummer! I just started enjoying the refreshing new Granitas drinks the chain recently introduced.

Interestingly, this is the third year Starbucks has raised it prices during the month of July. The rising cost of employing baristas is going up, according to World News Now, even though the price of coffee beans is on the decline.

Got any spare change?

SOURCE: World News Now; ABC News