Coffee lovers will start paying a little more at Second Cup coffee shops later this year when the company increases the price of a small cup of brewed coffee by a nickel.

Chief executive Stacey Mowbray said yesterday that the largest Canadian-owned specialty coffee shop operator plans to impose the price increase sometime in the fall, though a specific timeline hasn’t been announced.

Prices for other brewed coffee cup sizes are expected to remain steady, as will the prices of its other drinks, Mowbray added.

“We have really held tight and our overall pricing has been less than a one per cent increase across the country in the last 18 months,” she said after the Second Cup Income Fund annual meeting in Toronto.

It’s the first time Second Cup has increased the price of its brewed coffee in more than a year, Mowbray said, even while some of its biggest competitors inched up their own menu prices last fall.

Tim Hortons Inc. and Starbucks both increased the cost of a cup of coffee and some baked goods as they contended with higher costs for running their stores.

Tim Hortons raised the price of coffee in certain regions, mostly by five cents a cup.

Units of the Second Cup fund gained three cents to close yesterday at $7.30 on the Toronto Stock Exchange.