The cheapest pumpkin spice latte has been revealed

Pumpkin spice lattes have become a staple of the autumn season, with the drink being found in cafes all across the high street.

With each having its pros and cons, it can be difficult to decide on which cafe to make a trip to, but if it’s cheapness you’re looking for, then one place comes out on top.

The cheapest is Greggs, with the average pumpkin spice latte from the popular high-street bakery setting you back £2.20.

And in a surprising move, this appears to be cheaper than the price they were last year, with card payment experts and POS provider SumUp, revealing that in 2023 a pumpkin spice latte from Greggs would cost £2.40.

With ten new items added to the menu, including pumpkin spice doughnuts, orange mochas, and hot chocolate, Greggs is certainly leading the way in offering value for money this autumn

However, according to the research, Greggs is the only retailer offering this seasonal latte for under £4 this year, with the average pumpkin spice drink from Pret costing £4.65, up from last year’s £3.40.

While the price of a Starbucks hot PSL is the highest at £6.15, they do have a number of other autumnal options that vary in price, with a Pumpkin Spice Frappuccino costing  £5.05, a Pumpkin Cream Iced Chai Latte for £5.65, and a Very Berry Refresha at £5.55. 

Prices a Starbucks can vary based on location however, so be sure to check for the cheapest one in your area if opting to grab a latte from them.

Elsewhere on the high street, Costa has opted to forgo the pumpkin spice latte, and instead launched a Maple Hazel Latte as their staple autumn drink, currently on sale for £4.95.

Explaining why coffee is so expensive these days,  Bart Visser, POS Lite Mission Lead at SumUp, said: “Coffee shops in the UK can be expensive due to factors such as high operating costs, quality of ingredients and supply chain issues.

“Seasonal menus frequently see a markup in price due to their special ingredients and limited availability.

“Customers are willing to pay a premium for these items, and seasonal menus often come with targeted marketing campaigns, themed decorations, and special promotions. These efforts can be costly, and businesses may recoup these costs through higher prices.”

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