Starbucks Coffee Raising Prices Starting Next Week

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

Prices will reportedly spike as much as 30 cents per beverage beginning July 12th.

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