Tim Hortons coffee prices are going up for the first time in about three years.

How much are coffee prices going up at Tim Hortons?

Coffee prices will increase by an average of three cents per cup.

“This is significantly below inflation and reflects our commitment to great value and everyday low prices for our guests, said a Tim Hortons spokesperson.

The price hike represents an average increase of around 1.5 per cent per cup compared to Consumer Price Index (CPI) inflation of roughly seven per cent cumulatively over the last three years.

Tim Hortons calls the price increases “more than reasonable.”

Coffee prices rising

The price of coffee increased about 2.5 times from $158 (U.S.)/100 pounds to $390/100 pounds during the same period.

Sylvain Charlebois, a senior director for the A

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