Kraft to Raise K-Cup Coffee Prices 9% on December 28

Kraft Foods said on Wednesday it will raise prices on most of its single-serve coffees in the United States by approximately 9 percent, effective Dec. 28, due to sustained price increases in associated raw material markets.

The price rise will be on its Maxwell House, Gevalia, McCafe and Yuban K-Cup portion packs. (Reporting by Marcy Nicholson)