Starbucks' Pumpkin Spice Latte is coming back -- and it's the latest victim of inflation.
The fall favorite, which returns Tuesday, is getting more expensive with a grande-sized hot PSL costing customers between $5.45 to $5.95 depending on location — a roughly 4% increase compared to 2021. That's in line with broader price hikes at Starbucks and other chains, which have all increased menu prices gradually over the past year because of inflationary pressures.
Even with chillier weather approaching, cold drinks are popular with Starbucks customers, accounting for roughly 75% of Starbucks' total beverage US sales in its most recent quarter. Overall, sales at its US stores open at least 13 months jumped 9% in the quarter.
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